To be resolved: the FDIC and the future of bank failure

Will Jelena McWilliams finally nail down the FDIC’s role as a resolution authority?

Jelena McWilliams.jpg
Jelena McWilliams: must now complete the work that her predecessors allowed to lie fallow

Jelena McWilliams, the Trump administration’s pick to head the Federal Deposit Insurance Corporation, is a lawyer who has pledged to relieve the regulatory burden on community banks. She will get the chance to do so when prudential regulators spell out the particulars of the Crapo bill.

But big banks need her attention, too, and present a knottier, much deeper problem that will test her lawyerly powers: how to resolve massive, complex banks whose businesses span the globe. The task became part

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: