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On July 23, the Federal Reserve Board and the Federal Deposit Insurance Corporation released the public sections of the resolution plans submitted by the eight U.S. global systemically important banks.
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On July 23, the Federal Reserve Board and the Federal
Deposit Insurance Corporation (FDIC)
released the public sections of the resolution plans submitted by
the eight U.S. global systemically important banks. The full
resolution plans, which are required by the Dodd-Frank Act and
commonly known as living wills, were submitted for the
agencies' review on July 1. Release.
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