Morning Scan: Foreign Banks' Living Wills Get Thumbs Down; NYSE...

Receiving Wide Coverage ...

Living Will Letdowns: When it comes to living wills, banks face a tough crowd. So it may not come as a total shock that regulators rejected the living wills of foreign banks BNP Paribas, HSBC and Royal Bank of Scotland Group, instructing them to address deficiencies in their wind-down plans for U.S. units by the end of the year or face possible sanctions. Eleven U.S. banks received similar orders from the Federal...