Fed demands further analysis on HSBC resolution plan

hsbc

The Federal Reserve requires further information on HSBC’s capital and liquidity planning capabilities after finding issues with its recently submitted resolution plan.

Problems were also found in six other large banks’ resolution plans, the Fed and Federal Deposit Insurance Corporation revealed in a statement. However, the agencies stop short of saying any of the seven banks had “shortcomings or deficiencies” in their plans, which would have required the banks to revise and resubmit the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: