U.S., EU regulators to work on plans for dealing with bank failures

02/13/2013 | Reuters

Regulators from Europe and the U.S. are poised to explain to U.S. lawmakers their plans for dealing with the failure of a global financial institution. Martin Gruenberg, chairman of the Federal Deposit Insurance Corp., will tell lawmakers that an international working group is set to meet soon to discuss winding down large banks.

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