The “living wills” of six of the eight largest banks have shortcomings that need to be fixed by March, federal banking regulators announced Tuesday.

Officials said that the problems at the banks were not as severe as they might have been. The Federal Reserve and the Federal Deposit Insurance Company stressed they didn’t find any more severe “deficiencies” in the bank’s living wills. The agencies defined deficiencies as “weaknesses that would result in any additional prudential requirements if not corrected”.