Hogan Lovells Cadwalader is a global law firm trusted by clients to deliver on complex, high-stakes matters.
Operating at the intersection of business, finance, and government, we bring an unwavering commitment to client service and the decisive counsel that helps clients achieve exceptional results.
Consistently recognized for innovation across legal services, we combine sharp judgment with deep commercial perspective and intellectual rigor to address critical, cutting-edge challenges.
With 3,100 lawyers worldwide, we offer global scale with strong local insight in the markets that matter most. Our commitment extends beyond client work through pro bono activities, community investment, and responsible business practices.
within Intellectual Property, Food, Drugs, Healthcare, Life Sciences and Transport topic(s)
The FDIC and the Federal Reserve Board ("FRB") assessed the resolution plans of the eight
largest domestic banks.
The FDIC and the FRB found that each bank made "significant
progress in enhancing its resolvability and developing
resolution-related capabilities." However, the FDIC and FRB
concluded that plans from six of the banks had
"shortcomings" regarding their ability to reliably
provide the data necessary to execute their resolution strategies
in stressed conditions. The FDIC and the FRB determined that none
of the plans had any "deficiencies" that would
necessitate additional prudential requirements.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.