17 min
Living Wills FDIC Podcast
-
- Business
Nobody wants to think about failure but in the banking world, planning for an orderly failure of a large bank can be crucial in preventing taxpayer-funded bailouts or widespread disruptions to the financial system. In this episode, Ryan Tetrick, the FDIC’s
Deputy Director of Resolution Readiness, discusses “living wills,” a popular term to describe a plan for when a large bank fails.
Nobody wants to think about failure but in the banking world, planning for an orderly failure of a large bank can be crucial in preventing taxpayer-funded bailouts or widespread disruptions to the financial system. In this episode, Ryan Tetrick, the FDIC’s
Deputy Director of Resolution Readiness, discusses “living wills,” a popular term to describe a plan for when a large bank fails.
17 min