Regulators push for uniform rules on living wills for regional and megabanks

The Federal Deposit Insurance Corporation's Board of Directors held an open session meeting to discuss various matters, including proposed rulemaking on long-term debt requirements for large bank holding companies, resolution plans for insured depository institutions, proposed guidance for Dodd-Frank Act resolution plan submissions, conditions to certain receivership delegations of authority and procedures, and board approval of midsized and large failed bank sales.