By Fed Newswire | Sep 27, 2011
News Release: The Federal Reserve Board on Tuesday announced the approval of an application by Banca Popolare di Vicenza S.C.p.A., Vicenza, Italy, to establish a representative office in New York, New York.
By Fed Newswire | Sep 22, 2011
News Release: The Federal Reserve Board on Thursday announced the execution of the following enforcement action: SWNB Bancorp, Inc. (PDF), Houston, Texas Written Agreement dated Sept. 19, 2011 Search of Federal Reserve enforcement actions.
By Fed Newswire | Sep 21, 2011
News Release: Information received since the Federal Open Market Committee met in August indicates that economic growth remains slow. Recent indicators point to continuing weakness in overall labor market conditions, and the unemployment rate remains elevated. Household spending has been increasing at only a modest ...
By Fed Newswire | Sep 20, 2011
News Release: On Sept. 19, 2011, the Federal Reserve conducted an auction of $5 billion in 28-day term deposits through its Term Deposit Facility.Following are the results of the auction: TDF Auction ID: A20 Competitive Amount Offered: $5,000,000,000 Competitive Amount Tendered: $12,057,990,000 Competitive Amount ...
By Fed Newswire | Sep 20, 2011
News Release: The Federal Reserve Board on Tuesday issued a final rule amending Regulation B to provide that motor vehicle dealers are not required to comply with new data collection requirements in the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) until the Board issues final regulations to implement the statutory requirements.
By Fed Newswire | Sep 14, 2011
News Release: On Monday, Sept. 19, 2011, the Federal Reserve will offer $5 billion in 28-day term deposits through its Term Deposit Facility. As noted in the Federal Reserve Board's September 8, 2010 release, this offering is part of ongoing small-value operations designed to provide eligible institutions with ...
By Fed Newswire | Sep 13, 2011
News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement action: Pinnacle Bank Holding Company, Inc. (PDF), Orange City, Florida Written Agreement dated Aug. 29, 2011 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Sep 8, 2011
News Release: The Federal Reserve Board on Thursday announced the execution of the following enforcement action: Stonebridge Financial Corp.(PDF), West Chester, Pennsylvania Written Agreement dated Sept. 1, 2011 Search of Federal Reserve enforcement actions.
By Fed Newswire | Sep 6, 2011
News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings from July 11 through August 8, 2011.
By Fed Newswire | Sep 6, 2011
News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement actions: JCO Ventures, LLC, Union, JCO Partners, L.P., JCO Partners II, L.P., HAO Management Company, LLC, HAO Partners, L.P., HAO Partners II, L.P., FOJ Management Company, LLC, FOJ Partners, L.P., FOJ Partners ...
By Fed Newswire | Sep 1, 2011
News Release: The Federal Reserve Board on Thursday announced a formal enforcement action against the Goldman Sachs Group, Inc. and Goldman Sachs Bank USA to address a pattern of misconduct and negligence relating to deficient practices in residential mortgage loan servicing and foreclosure processing involving its former subsidiary, Litton Loan Servicing LP.
By Fed Newswire | Sep 1, 2011
News Release: The Federal Reserve Board on Thursday announced the execution of the following enforcement actions: Bank of the Carolinas Corporation (PDF), Mocksville, North Carolina Written Agreement dated Aug. 26, 2011 Community State Bank (PDF), Poteau, Oklahoma Order of assessment of civil money penalty in the ...
By Fed Newswire | Aug 31, 2011
News Release: The Federal Reserve Board on Wednesday announced the location for a public meeting in Washington, D.C., on the notice by Capital One Financial Corporation, McLean, Virginia, to acquire ING Bank, Wilmington, Delaware, and indirectly to acquire shares of Sharebuilder Advisors, LLC, and ING Direct Investing, ...
By Fed Newswire | Aug 31, 2011
News Release: The Federal Reserve Board is seeking comment on a proposed rule outlining the procedures for securities holding companies (SHCs) to elect to be supervised by the Federal Reserve. An SHC is a nonbank company that owns at least one registered broker or dealer.
By Fed Newswire | Aug 30, 2011
News Release: The Federal Reserve Board and the Federal Open Market Committee (FOMC) on Tuesday released the attached minutes of the Committee meeting held on August 9, 2011 and of the conference call held on Aug. 1, 2011.
By Fed Newswire | Aug 30, 2011
News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement action: CB Holding Corp. (PDF), Aledo, Illinois Written Agreement dated Aug. 23, 2011 Search of Federal Reserve enforcement actions.
By Fed Newswire | Aug 26, 2011
News Release: The Federal Reserve Board on Friday announced that it will hold three public meetings on the notice by Capital One Financial Corporation, McLean, Virginia, to acquire ING Bank, Wilmington, Delaware, and indirectly to acquire shares of Sharebuilder Advisors, LLC, and ING Direct Investing, Inc., both of ...
By Fed Newswire | Aug 25, 2011
News Release: The Federal Reserve Board on Thursday announced the execution of the following enforcement actions: Texas Bancshares, Inc. (PDF), Snyder, Texas Written Agreement dated Aug. 17, 2011 Flagship Financial Group, Inc. (PDF), Eden Prairie, Minnesota Written Agreement dated Aug. 19, 2011 Search of Federal Reserve enforcement actions.
By Fed Newswire | Aug 25, 2011
News Release: The credit quality of large loan commitments owned by U.S. banking organizations, foreign banking organizations (FBOs), and nonbanks improved in 2011 for the second consecutive year, according to the Shared National Credits (SNC) Review for 2011. A loan commitment is the obligation of a lender to make loans or issue letters of credit pursuant to a formal loan agreement.
By Fed Newswire | Aug 22, 2011
News Release: The Federal Reserve Board is proposing a two-year phase-in period for most savings and loan holding companies (SLHCs) to file Federal Reserve regulatory reports with the Board and an exemption for some SLHCs from initially filing Federal Reserve regulatory reports.
