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FDIC addresses costly mergers in resolution planning rule for large banks
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Banking, Financial Stability
Friday, June 21, 2024
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Recognizing the high cost of lengthy merger cycles involving large banks, the Federal Deposit Insurance Corp. finalized amendments to its resolution planning criteria for banks with $50 billion or more in total assets.
A covered insured depository institution would have to demonstrate in its resolution plans how it could be wound down without a merger under the amended final rule.
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