Big Banks Get Failing Grade on ‘Living Wills’

Big Banks Get Failing Grade on ‘Living Wills’ Play

Aug. 6 (Bloomberg) -- The Federal Reserve and Federal Deposit Insurance Corp. told 11 of the largest U.S. and foreign banks, including JPMorgan and Goldman Sachs, that they botched their so-called living wills. Erik Schatzker reports on “Bloomberg Surveillance.” (Source: Bloomberg)

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