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Four Reasons You Should Care about Big Bank Wind-Down Plans 

June 20, 2014
Joe Adler, American Banker

The Dodd-Frank Act's new resolution process applies to only a handful of the roughly 6,700 U.S. banks, but its success or failure is critical to institutions of all sizes.

Regulators are still struggling to implement the complex process, including forcing banks to write "living wills" that detail how they can be dismantled in a crisis and building an effective system of their own capable of resolving them.

Their efforts could ultimately determine whether the era of "too big to fail" banks is over, yet much of the industry's focus has been drawn elsewhere to more high-profile debates over the Volcker Rule, new mortgage restrictions and other issues.

Read More: American Banker

 
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