Getting your player ready...
NEW YORK — The largest banks must show how they would break up their assets if they were in danger of failing, under a rule approved Tuesday.
The Federal Deposit Insurance Corp. voted to require banks with $50 billion or more in assets to submit living wills. Seven banks with more than $250 billion in assets will have to show their plans by July. The other 30 affected by the rule have until 2013.
Denver Post staff and wire reports
