Agencies publish resolution plan feedback letters for certain domestic and foreign banking organizations
Regulatory agencies have published feedback letters regarding the 2025 resolution plans for various banking organizations. The letters include assessments for both domestic and foreign banks, highlighting areas for improvement. This initiative aims to enhance the stability and preparedness of financial institutions in the event of a crisis.
- ▪The feedback letters cover major banks such as Bank of America, Citigroup, and JPMorgan Chase.
- ▪Agencies are focusing on resolution plans to ensure banks can effectively manage potential failures.
- ▪The letters also address foreign banking organizations that submitted their plans for the first time.
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Bank of America Corporation 2025 Resolution Plan Feedback Letter (PDF) Bank of New York Mellon Corporation 2025 Resolution Plan Feedback Letter (PDF) Citigroup Inc. 2025 Resolution Plan Feedback Letter (PDF) The Goldman Sachs Group 2025 Resolution Plan Feedback Letter (PDF) JPMorgan Chase & Co. 2025 Resolution Plan Feedback Letter (PDF) Morgan Stanley 2025 Resolution Plan Feedback Letter (PDF) State Street Corporation 2025 Resolution Plan Feedback Letter (PDF) Wells Fargo & Company 2025 Resolution Plan Feedback Letter (PDF) HSBC North America Holdings, Inc.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Federal Reserve — Press Releases.