The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) have made available the public sections of resolution plans submitted by eight major domestic banks and 56 foreign banking organizations. The plans, which were due by July 1, 2025, are required under the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Resolution plans, often called living wills, outline how a banking organization would be resolved through bankruptcy if it faces significant financial distress or failure. By regulation, these documents are divided into public and confidential parts. To support transparency, regulators require that each bank’s public section summarizes key aspects of its plan.
Additionally, the FDIC has published the public portions of separate resolution plans from 12 large insured depository institutions (IDIs). These plans are mandated by the FDIC’s IDI Rule and also had a submission deadline of July 1, 2025. The purpose of these IDI resolution plans is to help the FDIC efficiently resolve an institution under the Federal Deposit Insurance Act should it fail.
The released documents can be found on both the FDIC’s and Federal Reserve Board’s websites.
“The public sections of the resolution plans are available on the FDIC’s and the Board’s websites,” according to a statement from both agencies.
