Friday, March 24, 2017

CORRECTED-Fed gives Northern Trust 'living will' extension along with four foreign banks

WASHINGTON, March 24 (Reuters) - Northern Trust Corp

had shortcomings in its 'living will' plans and will

have until year-end to update its plan on how to unwind in

bankruptcy, U.S. regulators said on Friday as they granted a

similar extension to four foreign banks.

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