U.S. and British regulators simulate a major bank failure

The highest-ranking bank regulators in the U.S. and U.K. met Monday morning in a suburb of Washington D.C. to conduct a simulation of how they would handle the collapse of a major international bank. The U.S. team included Federal Reserve Chairwoman Janet Yellen and Treasury Secretary Jacob Lew. …

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U.S. and British regulators simulate a major bank failure

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