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Fed, FDIC Give 5 Firms More Time To Submit 'Living Wills'

By Jon Hill (August 30, 2018, 8:26 PM EDT) -- The Federal Reserve and the Federal Deposit Insurance Corp. said Thursday that they're pushing back the deadlines for four major foreign banks and one nonbank to file their next round of "living wills" detailing how they can be speedily and safely wound down in the event of a crisis....

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