Agencies announce results of resolution plan review for largest and most complex banks

June 21, 2024

The Federal Deposit Insurance Corporation and Federal Reserve Board today announced that, following their joint review of the July 2023 resolution plan submissions of the eight largest and most complex banks, they identified a weakness in the plans from Bank of America, Citigroup, Goldman Sachs, and JPMorgan Chase. The agencies did not identify any weaknesses in the plans from the other banks.

https://www.federalreserve.gov/newsevents/pressreleases/bcreg20240621a.htm