Big Banks Fail Living Will Test As GAO Report Questions Transparency – ValueWalk Premium

Big Banks Fail Living Will Test As GAO Report Questions Transparency

As many as four of the eight largest U.S. banks are expected to fail their living will test, including J.P. Morgan Chase & Co., The Wall Street Journal reported. The news comes as a Government Accountability Office report claims regulator secrecy in evaluating the living wills “could undermine public and market confidence.”

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