Four major U.S. banks—Bank of America, Citibank, Goldman Sachs, and JPMorgan Chase—are under scrutiny by the FDIC and Federal Reserve for serious flaws in their “living wills,” plans meant to prevent a financial meltdown. These banks must fix these issues by July 1, 2025, raising fears of a potential financial crisis similar to 2008.
Full article: Financial Banks 🚨
4 Major U.S. Banks Face Scrutiny
In an alarming development, the U.S. Federal Deposit Insurance Corp. (FDIC) and the Federal Reserve Board have flagged serious "shortcomings" in the "living wills" of four of the eight largest U.S. banks,…
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