UPDATE 1-"Living wills" for 5 out of 8 big banks fail U.S. regulators' test
April 13, 2016 at 08:24 AM EDT
WASHINGTON, April 13 (Reuters) - Five out of eight of the biggest U.S. banks do not have credible plans for winding down operations during a crisis without the help of public money, federal regulators said on Wednesday, saying the institutions could face stricter oversight if they do not fix their plans.