What Can We Learn from Publicly Available Data in Banks' Living Wills?

Steve Bright (), Paul Glasserman (), Christopher Gregg () and Hashim Hamandi ()
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Steve Bright: Office of Financial Research
Paul Glasserman: Office of Financial Research
Christopher Gregg: Office of Financial Research
Hashim Hamandi: Office of Financial Research

No 16-05, Briefs from Office of Financial Research, US Department of the Treasury

Abstract: This brief analyzes the public portions of resolution plans, or "living wills," in which large U.S. banks describe how they would manage their own potential failures. The authors found that the public information in the living wills is not sufficient to determine whether these banks could go through bankruptcy without extraordinary government support.

Keywords: living wills; bank resolution; bankruptcy (search for similar items in EconPapers)
Pages: 9 pages
Date: 2016-05-25
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:ofr:briefs:16-05

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