TREE NEWS update: US banking agencies published resolution plan feedback letters for 15 banking organizations. The letters set out the agencies’ assessment of the firms’ plans for orderly resolution under bankruptcy. The 15 institutions were not named in the material.
Agencies Publish Resolution Plan Feedback for 15 Banks
That the agencies issued feedback rather than a joint statement leaves the substance of the assessments opaque, and the absence of names makes it impossible to gauge whether the concerns cluster among the largest firms or the smaller end of the group. Resolution planning sits at the intersection of prudential regulation and the bank funding markets, so the operative question is whether this round of feedback signals a shift in supervisory expectations or is routine, and whether any of the 15 firms disclose the letters themselves in the coming period.
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