Agencies publish resolution plan feedback letters for 15 banking organizations

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A factual summary is pending editorial review. The complete official release is reproduced below with issuer attribution and a direct link to the original publication.

Official release

Source material from Federal Reserve. The wording below is the issuer’s statement.

Joint Press Release

September 29, 2026

Agencies publish resolution plan feedback letters for 15 banking organizations

Federal Deposit Insurance Corporation

Federal Reserve Board

For release at 4:00 p.m. EDT

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The Federal Deposit Insurance Corporation and the Federal Reserve Board today published feedback letters for resolution plans submitted in October 2025. The agencies did not identify any shortcomings or deficiencies in these resolution plan submissions.

Resolution plans, also known as living wills, describe a banking organization's strategy for orderly resolution in the event of material financial distress or failure. The agencies conducted a joint review of the 2025 resolution plan submissions from 15 banking organizations with over $250 billion in assets.

In addition, the agencies determined that the shortcoming previously identified in the 2021 BNP Paribas resolution plan has been satisfactorily addressed.

American Express Company 2025 Resolution Plan Feedback Letter (PDF)

Barclays PLC 2025 Resolution Plan Feedback Letter (PDF)

BNP Paribas 2025 Resolution Plan Feedback Letter (PDF)

Deutsche Bank AG 2025 Resolution Plan Feedback Letter (PDF)

UBS Group AG 2025 Resolution Plan Feedback Letter (PDF)

Template Letter to Category II and III Firms with Resolution Plans Due in October 2025 (PDF)

Media Contacts:

FDIC

Carroll Kim

(202) 898-7389

FRB

Meg Badenhorst

(202) 452-2955

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Last Update:

September 29, 2026

Release text attributed to Federal Reserve. Consult the official publication for any subsequent corrections or updates.