The Federal Deposit Insurance Corp. on Friday narrowed the requirements big banks must follow when submitting emergency wind-down blueprints — known as resolution plans — in an attempt to streamline ...
On October 15, Acting FDIC Chair Travis Hill spoke at a European Union-hosted conference about lessons learned from recent large bank issues. Hill emphasized that the FDIC’s experience in 2023 ...
The Federal Deposit Insurance Corp. 's newly revised resolution framework reflects acting Chair Travis Hill's skepticism of the bridge-bank model used in 2023, which he has criticized as ...
The banking industry is on the cusp of more changes in recovery and resolution planning, shaped by shifting regulatory priorities and perspectives on the 2023 regional bank failures. Recent actions by ...
The International Monetary Fund (IMF) provided technical assistance to the Banco Cabo Verde (BCV) on reforming and operationalizing its bank resolution framework. Cabo Verde's special resolution ...
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