Bank 'living wills' light on information, but reveal problems: U.S. monitor

There is not enough information in the public section of the "living wills" major banks file with U.S. regulators to fully explain how the organizations could undergo bankruptcy without taxpayer aid, the country's financial monitor said on Wednesday. Last month, federal regulators gave failing grades to five out of the eight biggest banks for their plans for winding down operations during a financial emergency without federal bailouts. The requirement for a living will was part of the Dodd-Frank