Regulatory Alerts2026-05-22
Agencies Publish Resolution Plan Feedback Letters for Domestic and Foreign Banking Organizations
The Federal Deposit Insurance Corporation and the Federal Reserve Board published feedback letters confirming that resolution plans from eight major domestic banks and 56 foreign banking organizations meet regulatory requirements. A joint review of July 2025 submissions identified no deficiencies, while specifically validating that previously noted derivatives-related weaknesses at Bank of America, Goldman Sachs, JPMorgan Chase, and Citigroup have been satisfactorily resolved. These approvals allow the designated institutions to proceed with their current orderly resolution strategies without mandatory corrective actions.
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