Regulators propose changes to ‘living wills’ and debt rules for big banks in wake of crisis

Federal financial regulators proposed new rules for large banks that aren't classified as systemically important related to their long-term debt holdings and their 'living wills.'

The Fed, FDIC and Comptroller of the Currency announced the new banking regulation proposals, which were met with a mixed response from banking industry trade groups.

The Fed, FDIC and Comptroller of the Currency announced the new banking regulation proposals, which were met with a mixed response from banking industry trade groups

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