Fed posts banks' 'living wills,' gives AIG, Prudential more time

NEW YORK, July 5 (Reuters) - U.S. bank regulators on Wednesday posted plans submitted by eight of the nations largest banks for how they could be dissolved in a crisis and gave American International Group, Inc and Prudential Financial an extra year to submit their plans.

Banks, including Bank of America, JPMorgan Chase and Goldman Sachs are required to regularly provide regulators with living wills for how they could be taken apart should they face collapse.

The Federal Reserve and the Federal Deposit Insurance Corporation posted public portions of those documents online after receiving them on July 1.

The Fed and the FDIC also gave insurers AIG and Prudential Financial until the end of next year to submit their living wills from an original deadline of the end of 2017. The extension was given to allow the companies to incorporate guidance regulators had provided on their plans.

(Reporting by Pete Schroeder; Editing by Carmel Crimmins and Dan Grebler)