Regulators found weaknesses in 'living wills' submitted by four of the country’s largest banks detailing how the lenders would wind themselves down if something catastrophic were to happen.
(Bloomberg) -- Four of the biggest banks on Wall Street must improve their blueprints for a hypothetical wind-down after top US regulators found weaknesses in their plans.Most Read from BloombergAt Blackstone’s $339 Billion Property Arm, the Honeymoon Is OverCar Dealers Reel From Cyberattack on $1.2 Trillion MarketCDK Tells Car Dealers Their Systems Will Likely Be Down for DaysUnited Airlines Jet Turns Back After Engine Piece Falls OffCar Dealerships Across US Halt Services After CyberattackThe
Here is how Assured Guaranty (AGO) and Bank of America (BAC) have performed compared to their sector so far this year.