Fed OKs Rollbacks of Post-Crisis Banking Rules
The Board of Governors voted 4-1 in favor of the changes, with the dissenter saying they would weaken core safeguards.
Regulators Approve Foreign Banks’ Living Wills
The Federal Reserve and FDIC found shortcomings in the bank's plans for unwinding in bankruptcy without disrupting the broader financial system.
Five Top Banks Fail Tests of Bankruptcy Plans
The firms now have until Oct. 1 to show they can survive a financial collapse without a taxpayer bailout.