Financial Services Financial Services

Comment: US FDIC swims into uncharted waters with complex plan for avoiding taxpayer bailouts

By Neil Roland
  • 10 Apr 2024 22:26
  • 10 Apr 2024 22:26
The US Federal Deposit Insurance Corp. advanced into uncharted waters today with a detailed plan for averting taxpayer bailouts of the US’s eight global systemically important mega-banks, intent on shunning a reprise of the Swiss bailout of Credit Suisse last year.
“We believe this paper is particularly timely in light

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Neil Roland

Senior Correspondent

Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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