FDIC OIG reports on readiness to resolve large regional banks

Recently, the FDIC Office of Inspector General released a report entitled, “FDIC Readiness to Resolve Large Regional Banks,” which evaluated the FDIC’s preparedness to resolve large regional bank failures under the Federal Deposit Insurance Act, focusing on the period prior to Spring 2023 (when three large banks failed)....
By: Orrick, Herrington & Sutcliffe LLP

Orrick, Herrington & Sutcliffe LLP