As part of the shift, FDIC Acting Chair Travis Hill said the agency is eliminating the need for banks to include hypothetical failure scenarios and bridge bank strategies in their next round of ...

The Federal Deposit Insurance Corp. on Friday said it’s made changes to its approach to large bank resolution planning, including scrapping the requirement for banks to use bridge bank strategies.

accusing the bank of a “serious lack of preparation for this conversion” and demanding a swift resolution to more than a week of customer disruptions. “Should Connecticut consumers continue ...

"Resolution and recovery regulations ... crisis that shook Wall Street 15 years ago, and his annual letter is closely read by other banking executives and policy makers. Regulators shuttered ...

The Business Banking Resolution Service (BBRS ... should be provided with a final response letter which may offer them the opportunity to escalate their case to the BBRS. Customers have only six ...