24Jun

U.S. Banks Present Industry-Led Crisis Plan To Federal Reserve

U.S.banks reportedly presented the Federal Reserve with a bail-in plan to pay for large bank’s restructuring in the event of a future crisis, The Wall Street Journal reports.

According to a report filed by Dan Fitzpatrick, Shayndi Raice and Michael R. Crittenden for The Wall Street Journal, the plan was presented to the U.S. Federal Reserve in . . .

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Author

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

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