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In a statement released Wednesday morning, the Federal Reserve and Federal Deposit Insurance Corporation dismissed the living wills submitted by Bank of America, Bank of New York Mellon, JPMorgan Chase, State Street, and Wells Fargo. (AP Photos)
Economy

Feds reject bankruptcy plans from five megabanks

Joseph Lawler -
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Any banks that have a
Economy

The big questions surrounding Republicans’ Dodd-Frank replacement

Joseph Lawler -
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House passes measure to loosen liquidity rule for banks
Economy

House passes measure to loosen liquidity rule for banks

Joseph Lawler -
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Thomas Hoenig, president of the Federal Reserve Bank of Kansas City, discusses the economy at the Council on Foreign Relations, Wednesday, March 2, 2011, in New York. (AP Photo/Mark Lennihan)
Economy

Top regulator warns that feds’ too-big-to-fail plan is a ‘gamble’

Joseph Lawler -
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Thomas Hoenig, vice chairman of the (FDIC), speaks during a Bloomberg television interview during the Jackson Hole economic symposium, on Thursday, Aug. 27, 2015. (Bloomberg)
Economy

One tough regulator’s idea for easing rules for banks

Joseph Lawler -
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Net income climbed 7 percent from a year earlier to $43 billion in the second quarter. (AP file)
Economy

Banks report record income in second quarter

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The full versions of the living wills contain sensitive business information and can run into to tens of thousands of pages, said Federal Reserve chairwoman Janet Yellen. 
Economy

Banks boast of improved plans to fail without causing a crisis

Joseph Lawler -
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JPMorgan Chase disclosed in a letter to shareholders that it has more than 1,000 people working on living wills and resolutions, working over 1 million hours on it annually. (AP Photo) 
Economy

Big banks write their living wills

Joseph Lawler -
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Before joining the five-member board of the FDIC in 2012, Jeremiah Norton was an executive director at J.P. Morgan Securities. (AP Photo) 
Economy

Top FDIC regulator steps down

Joseph Lawler -
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The headquarters of the U.S. Federal Deposit Insurance Corp. stands in Washington, D.C., U.S., on Tuesday, Nov. 24, 2009. (Jay Mallin/Bloomberg via Getty Images)
Economy

FDIC moves toward new rule for shuttering large banks

Joseph Lawler -
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