In light of the banking failures of Silicon Valley Bank, Signature Bank and First Republic (as well as Credit Suisse), this summer, the Federal Reserve and the FDIC proposed guidance.
FDIC Guidance Living Wills for Banks natlawreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from natlawreview.com Daily Mail and Mail on Sunday newspapers.
On August 24, 2023, the U.S. Court of Appeals for the Second Circuit in Kirschner1 unanimously held that notes evidencing syndicated loans2 do not plausibly qualify as "securities" covered.