Fed & FDIC cite 'significant uncertainty' in Amex living will

T1Covered by 1 source · first reported by American Banker (headlines) at 30 Sept, 16:17 UTC

The Federal Reserve and Federal Deposit Insurance Corp. said they have doubts about the feasibility of American Express' resolution plan, yet issued no formal deficiencies with theirs or any of the other 14 other large banks' resolution plans reviewed.