By Fed Newswire | Apr 15, 2011
News Release: The Federal Reserve Board is seeking comment on a notice that outlines how it intends to apply certain parts of its current consolidated supervisory program for bank holding companies to savings and loan holding companies (SLHCs) after assuming supervisory responsibility for SLHCs. Under the Dodd-Frank ...
By Fed Newswire | Apr 14, 2011
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below. Termination of enforcement actions are listed on the Federal Reserve's web site, http://www.federalreserve.gov/apps/enforcementactions/, as they occur.
By Fed Newswire | Apr 13, 2011
News Release: The Federal Reserve Board on Wednesday announced formal enforcement actions requiring 10 banking organizations to address a pattern of misconduct and negligence related to deficient practices in residential mortgage loan servicing and foreclosure processing. These deficiencies represent significant and pervasive compliance failures and unsafe and unsound practices at these institutions.
By Fed Newswire | Apr 12, 2011
News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings from February 7 through March 14, 2011.
By Fed Newswire | Apr 12, 2011
News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement actions: CenterBank, Inc. (140 KB PDF), Jacksonville, Florida Written Agreement dated April 7, 2011 First Chicago Bank & Trust (66 KB PDF), Chicago, Illinois Prompt Corrective Action Directive dated April 7, 2011 Search of Federal Reserve enforcement actions
By Fed Newswire | Apr 12, 2011
News Release: Large, systemically significant bank holding companies and nonbank financial companies would be required to submit annual resolution plans and quarterly credit exposure reports under a rule proposed by the Federal Reserve Board and the Federal Deposit Insurance Corporation.
By Fed Newswire | Apr 12, 2011
News Release: Five federal agencies are seeking comment on a proposed rule to establish margin and capital requirements for swap dealers, major swap participants, security-based swap dealers, and major security-based swap participants as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act.
By Fed Newswire | Apr 8, 2011
News Release: The Federal Reserve Board on Friday approved the application by Bank of Communications Co., Ltd., Shanghai, People's Republic of China, to establish a branch in San Francisco, California.
By Fed Newswire | Apr 7, 2011
News Release: The Federal Reserve Board on Thursday announced the appointment of Richard "Dick" A. Anderson as director of the Management Division and as the Board's chief operating officer, effective April 18, 2011.
By Fed Newswire | Apr 7, 2011
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below. Termination of enforcement actions are listed on the Federal Reserve’s web site, www.federalreserve.gov/boarddocs/enforcement, as they occur.
By Fed Newswire | Apr 6, 2011
News Release: The Federal Reserve Board on Wednesday requested comment on a proposed rule to repeal the Board's Regulation Q, which prohibits the payment of interest on demand deposits by institutions that are member banks of the Federal Reserve System.
By Fed Newswire | Apr 5, 2011
News Release: On April 4, 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: A17 Competitive Amount Offered: $5,000,000,000 Competitive Amount Tendered: $10,988,490,000 Competitive Amount ...
By Fed Newswire | Apr 5, 2011
News Release: The Federal Reserve Board and the Federal Open Market Committee on Tuesday released the attached minutes of the Committee meeting held on March 15, 2011. The minutes for each regularly scheduled meeting of the Committee ordinarily are made available three weeks after the day of the policy decision and ...
By Fed Newswire | Mar 31, 2011
News Release: The Federal Reserve Board on Thursday announced its approval of the application by First Niagara Financial Group, Inc. and FNFG Merger Sub, Inc., both of Buffalo, New York, to acquire NewAlliance Bancshares, Inc. and its subsidiary bank, NewAlliance Bank, both of New Haven, Connecticut.
By Fed Newswire | Mar 31, 2011
News Release: The Federal Reserve Board on Thursday announced the execution of the following enforcement action: First Financial Holding Co., Ltd. and First Commercial Bank, Ltd. (111 KB PDF), both of Taipei, Taiwan, and First Commercial Bank Los Angeles Branch, Los Angeles, California Written Agreement dated March 28, 2011 Search of Federal Reserve enforcement actions.
By Fed Newswire | Mar 31, 2011
News Release: Six federal agencies are seeking comment on a proposed rule that would require sponsors of asset-backed securities (ABS) to retain at least 5 percent of the credit risk of the assets underlying the securities and would not permit sponsors to transfer or hedge that credit risk. In crafting the proposed ...
By Fed Newswire | Mar 30, 2011
News Release: The Federal Reserve Board on Wednesday requested comment on a proposed rule that implements two provisions of Title VIII of the Dodd-Frank Wall Street Reform and Consumer Protection Act related to the supervision of financial market utilities (FMUs) designated as systemically important by the Financial ...
By Fed Newswire | Mar 30, 2011
News Release: On Monday, April 4, 2011, the Federal Reserve will offer $5 billion in 28-day term deposits through its Term Deposit Facility. Additional information regarding the auction is listed below; the auction will be conducted as specified in this announcement, Regulation D, and the terms and conditions of the Term Deposit Facility.
By Fed Newswire | Mar 30, 2011
News Release: Federal financial regulatory agencies request comment on a joint proposed rule to ensure that regulated financial institutions design their incentive compensation arrangements to take account of risk. The proposed rule, which is being issued pursuant to the Dodd-Frank Wall Street Reform and Consumer ...
By Fed Newswire | Mar 29, 2011
News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement action: First American International Corporation (69 KB PDF), Brooklyn, New York Written Agreement dated March 18, 2011 Search of Federal Reserve enforcement actions.
