Question

Can Banks Supervision Stop A Bank From Failing?​

Answer 1

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When progressive enforcement action in conjunction with private efforts by a bank's owners and managers has failed to rehabilitate the bank, the supervisory authority can place the bank in conservatorship or receivership

Answer 2

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When progressive enforcement action in conjunction with private efforts by a bank's owners and managers has failed to rehabilitate the bank, the supervisory authority can place the bank in conservatorship or receivership.