On July 3, 2012, the Federal Reserve Board (“Fed”) and the Federal Deposit Insurance Corporation (“FDIC”) released the public sections of the initial resolution plans submitted to those agencies by U.S. bank holding companies with $250 billion or more in total nonbank assets and foreign-based bank holding companies with $250 billion or more in total U.S. nonbank assets pursuant to Title I of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”). The agencies note that all submissions for this group were received by the deadline of July 2, 2012.