Agencies publish resolution plan feedback letters for 15 banking organizations
Federal Reserve and FDIC published feedback letters for 15 banking organizations’ 2025 resolution plans, finding no shortcomings and noting BNP Paribas’ prior deficiency resolved.
The Federal Reserve and the Federal Deposit Insurance Corporation released feedback letters for resolution plans submitted in October 2025 by 15 banking organizations. The agencies stated they did not identify any shortcomings or deficiencies in these submissions. Resolution plans, or living wills, outline how a bank would manage failure without disrupting financial stability. The joint review covered institutions with assets exceeding $250 billion.
The Federal Reserve Board and FDIC conducted a comprehensive assessment of the 2025 resolution plans. The review focused on the ability of each banking organization to resolve operations in an orderly manner during financial distress. No deficiencies were cited in the feedback letters provided to the institutions. The agencies emphasized the importance of these plans in maintaining financial system resilience.
In addition to the 2025 submissions, the agencies confirmed that a previously identified shortcoming in BNP Paribas’ 2021 resolution plan has been satisfactorily addressed. The 2021 deficiency related to the bank’s resolution strategy and operational continuity. The Federal Reserve and FDIC noted the bank’s progress in meeting supervisory expectations.
The publication of feedback letters follows the agencies’ joint review process, which evaluates resolution plans biennially. Banking organizations are required to submit these plans to ensure preparedness for potential financial distress. The agencies’ findings reflect ongoing efforts to enhance the stability and resolvability of large banking institutions.