US bank regulators on Thursday faulted Barclays, Credit Suisse, Deutsche Bank and UBS for shortcomings with their “living will” plans for winding themselves down in a crisis.

The Federal Reserve and the Federal Deposit Insurance Corporation said each of the foreign-owned firms had shortcomings with how their US units communicate and coordinate with their overseas parents during a bankruptcy or other stress event. Credit Suisse also was cited for shortcomings related to estimating the liquidity needs of its US firm, the Wall Street Journal reported.