By Fed Newswire | Jul 20, 2015
News Release: The Federal Reserve Board on Monday approved a final rule requiring the largest, most systemically important U.S. bank holding companies to further strengthen their capital positions. Under the rule, a firm that is identified as a global systemically important bank holding company, or GSIB, will have to hold additional capital to increase its resiliency in light of the greater threat it poses to the financial stability of the United States.
By Fed Newswire | Jul 17, 2015
News Release: The Federal Reserve Board on Friday proposed a rule to modify its capital planning and stress testing regulations. The proposed changes would take effect for the 2016 capital plan and stress testing cycles.
By Fed Newswire | Jul 16, 2015
News Release: The Federal Reserve Board on Thursday announced its approval of the application under section 3 of the Bank Holding Company Act by Cathay General Bancorp, Los Angeles, California, to acquire Asia Bancshares, Inc., and thereby indirectly acquire its wholly owned subsidiary, Asia Bank, National Association, both of Flushing, New York. Attached is the Board's order relating to this action.
By Fed Newswire | Jul 14, 2015
News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meeting on June 15, 2015.
By Fed Newswire | Jul 14, 2015
News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement action: Raton Capital Corporation (PDF), Raton, New Mexico Written Agreement dated July 10, 2015 The Federal Reserve Board also announced the termination of the enforcement action listed below: Village Bancshares, ...
By Fed Newswire | Jul 13, 2015
News Release: WASHINGTON -- Staff from the U.S. Department of Treasury, the Board of Governors of the Federal Reserve System, the Federal Reserve Bank of New York, the U.S. Securities and Exchange Commission, and the U.S. Commodity Futures Trading Commission today issued a joint report analyzing the significant volatility ...
By Fed Newswire | Jul 9, 2015
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: MSB Capital Corporation, Columbus, Ohio Cease and Desist Order issued by the Office of Thrift Supervision dated April 7, 2010 Terminated June 29, 2015 Search of Federal Reserve enforcement actions.
By Fed Newswire | Jul 8, 2015
News Release: The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on June 16-17, 2015. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the meeting is also included as an addendum to these minutes.
By Fed Newswire | Jul 8, 2015
News Release: The Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation today announced the availability of the 2015 list of distressed or underserved nonmetropolitan middle-income geographies, where revitalization or stabilization activities will receive Community Reinvestment Act (CRA) consideration as community development.
By Fed Newswire | Jul 7, 2015
News Release: The Federal Reserve Board on Tuesday announced its approval of the application under section 3 of the Bank Holding Company Act by BB&T Corporation, Winston-Salem, North Carolina, to acquire Susquehanna Bancshares, Inc., and thereby indirectly acquire its wholly owned subsidiary, Susquehanna Bank, both of Lititz, Pennsylvania.
By Fed Newswire | Jul 7, 2015
News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement action: Santander Holdings USA, Inc. (PDF), Boston, Massachusetts Written Agreement dated July 2, 2015 Search of Federal Reserve enforcement actions.
By Fed Newswire | Jul 6, 2015
News Release: The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) on Monday posted the public portions of annual resolution plans for 12 large financial firms. Each plan must describe the company's strategy for rapid and orderly resolution under the U.S. Bankruptcy Code in the event of material financial distress or failure of the company.
By Fed Newswire | Jul 6, 2015
News Release: The federal banking agencies will hold an outreach meeting on Tuesday, August 4, 2015, at the Federal Reserve Bank of Kansas City as part of their regulatory review under the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA). The meeting is the fourth in a series of outreach sessions that the Federal Reserve Board, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (FDIC) are holding throughout the country.
By Fed Newswire | Jul 2, 2015
News Release: The Federal Reserve Board on Thursday announced the execution of the following enforcement actions: Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A., Utrecht, Netherlands and Rabobank Nederland New York Branch (PDF), New York, New York Written Agreement dated June 30, 2015 Seaway Bancshares, Inc. ...
By Fed Newswire | Jul 1, 2015
News Release: The Federal Reserve Board on Wednesday released its first determination of the aggregate consolidated liabilities of all financial companies in accordance with section 622 of the Dodd-Frank Act, which prohibits any financial company from combining with another company if the resulting company's liabilities exceed 10 percent of the aggregate consolidated liabilities of all financial companies.
By Fed Newswire | Jun 29, 2015
News Release: The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today issued the host state loan-to-deposit ratios that they will use to determine compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. These ratios update data released on July 2, 2014.
By Fed Newswire | Jun 25, 2015
News Release: The Federal Reserve Board on Thursday announced the execution of the following enforcement action: Fayette County Bank (PDF), St. Elmo, Illinois Written Agreement dated June 22, 2015 The Federal Reserve Board also announced the termination of the enforcement action listed below: Fayette County Bank, ...
By Fed Newswire | Jun 23, 2015
News Release: The Federal Reserve Board on Tuesday announced the execution of the enforcement action listed below: Bank of the Orient (PDF), San Francisco, California Cease and Desist Order dated June 17, 2015 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Jun 22, 2015
News Release: The Federal Reserve System will begin its 2015 Census of Finance Companies in June, as part of a larger effort to paint a complete and continuing picture of this important sector of the U.S. economy.
By Fed Newswire | Jun 22, 2015
News Release: Five federal regulatory agencies today announced the approval of a joint final rule that modifies regulations that apply to loans secured by properties located in special flood hazard areas. The final rule implements provisions of the Homeowner Flood Insurance Affordability Act of 2014 (HFIAA) relating ...
