Fed’s Powell not ready to say when balance sheet wind-down ends
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday that central bank officials have yet to decide when …
wind-down
Bank of England to check credibility of top banks’ wind-down plans
By Huw Jones LONDON (Reuters) – The Bank of England said on Monday it will check from October whether top banks can be smoothly wound …
Fed orders Silvergate to complete wind-down while protecting depositors, preserving cash
WASHINGTON (Reuters) – The U.S. Federal Reserve announced Thursday it was ordering Silvergate Bank to implement its previously announced plan to liquidate itself in a …
Citigroup expects $190 million of costs tied to Russia wind-down
(Reuters) – Citigroup Inc said on Monday it was expecting $190 million of costs tied to winding down its consumer and institutional banking business in …
U.S. Treasury issues general license for wind-down of transactions involving Sberbank units
BOSTON – The U.S. Treasury said on Tuesday it was issuing a general license authorizing the wind-down of transactions involving SB Sberbank Kazakhstan and Sberbank …