News, Regulation & Supervision

FDIC’s three-step plan to wrap up a failing G-SIB

By Ellesheva Kissin
Image via Mercury Bloomberg

The Federal Deposit Insurance Corporation will intervene to help troubled banks keep up critical services in the event of a bank failure, as it sets out its three-step plan for the first time — but draws the line at taxpayer bailouts.

Speaking at the Peterson Institute for International ...

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