On August 5, the Fed and FDIC released the public sections of 2025 resolution plans for the eight largest and most complex domestic banking organizations and 56 foreign banking organizations. The plans, as required by the Dodd-Frank Act, outlined each organization’s strategy for orderly resolution under bankruptcy in the event of material financial distress or failure. By regulation, resolution plans are divided into public and confidential sections, with the public section summarizing key elements to promote transparency. The FDIC also released public sections of separate resolution plans for 12 large insured depository institutions (IDI), as required under the FDIC’s IDI Rule, which is designed to enable the FDIC to efficiently resolve an IDI under the FDI Act in the event of its failure.
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