US regulators chide four big-banks, FDIC escalates Citi concerns
Snippet of Article: "U.S. bank regulators ordered Bank of America, Citigroup, Goldman Sachs and JPMorgan Chase on Friday to bolster plans for how they could be safely resolved in bankruptcy, and FDIC escalated its concerns about Citi's blueprint...The FDIC also escalated its concerns with Citi's (C.N), opens new tab plan to a "deficiency," meaning the regulator found it not credible ..."
Source: www.reuters.com
