U.S. regulators to notify some banks their 'living wills' are flawed: WSJ
U.S regulators are preparing to notify some of country's largest banks, including JPMorgan Chase & Co , that they have submitted flawed "living wills," the Wall Street Journal reported on Tuesday, citing people familiar with the matter. A "living will" refers to a bank's plan for how it would wind down operations during a crisis without the help of public money.
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