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

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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