By Fed Newswire | Mar 29, 2011
News Release: The Federal Reserve Board on Tuesday proposed a 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.
By Fed Newswire | Mar 28, 2011
News Release: The Federal Reserve Board on Monday launched a new interactive web-based guide to the Flow of Funds Accounts. The tools and descriptions in the guide will help users explore the structure and content of the quarterly Flow of Funds statistical release and the Integrated Macroeconomic Accounts for the United States.
By Fed Newswire | Mar 28, 2011
News Release: The staffs of the Office of the Comptroller of the Currency, the Federal Reserve, the Federal Deposit Insurance Corporation, the U.S. Securities and Exchange Commission, the Federal Housing Finance Agency, and the Department of Housing and Urban Development (together, the agencies) announced that the ...
By Fed Newswire | Mar 25, 2011
News Release: The Federal Open Market Committee on Friday announced its tentative meeting schedule for 2012: January 24-25 (Tuesday-Wednesday) March 13 (Tuesday) April 24-25 (Tuesday-Wednesday) June 19-20 (Tuesday-Wednesday) July 31 (Tuesday) September 12 (Wednesday) October 23-24 (Tuesday-Wednesday) December 11 (Tuesday) January 29-30, 2013 (Tuesday-Wednesday)
By Fed Newswire | Mar 25, 2011
News Release: The Federal Reserve Board on Friday adopted two rules that would expand the coverage of consumer protection regulations to credit transactions and leases of higher dollar amounts.
By Fed Newswire | Mar 24, 2011
News Release: Chairman Ben S. Bernanke will hold press briefings four times per year to present the Federal Open Market Committee's current economic projections and to provide additional context for the FOMC's policy decisions.
By Fed Newswire | Mar 22, 2011
News Release: The Federal Reserve System on Tuesday released the 2010 combined annual comparative financial statements for the Federal Reserve Banks, as well as for the 12 individual Federal Reserve Banks, the limited liability companies (LLCs) that were created to respond to strains in financial markets, and the Board of Governors. These financial statements are audited annually by an independent auditing firm.
By Fed Newswire | Mar 22, 2011
News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement actions: Northern States Financial Corporation (78 KB PDF), Waukegan, Illinois Written Agreement dated March 17, 2011 Tidelands Bancshares, Inc. (64 KB PDF) Mount Pleasant, South Carolina Written Agreement dated March 18, 2011 Search of Federal Reserve enforcement actions.
By Fed Newswire | Mar 18, 2011
News Release: The Federal Reserve Board on Friday approved a rule amending Regulation Z (Truth in Lending) to clarify aspects of prior Board rules implementing the Credit Card Accountability Responsibility and Disclosure Act of 2009 (Credit Card Act). This rule is intended to enhance protections for consumers who use credit cards and to resolve areas of uncertainty so that card issuers fully understand their compliance obligations.
By Fed Newswire | Mar 18, 2011
News Release: The Federal Reserve on Friday announced it has completed the Comprehensive Capital Analysis and Review (CCAR), its cross-institution study of the capital plans of the 19 largest U.S. bank holding companies.
By Fed Newswire | Mar 17, 2011
News Release: The Federal Reserve Board announced Thursday that it will publish the annual revision to the G.17 statistical release, Industrial Production and Capacity Utilization, on Friday, March 25, at noon EDT.
By Fed Newswire | Mar 15, 2011
News Release: The Federal Reserve Board on Tuesday announced its approval of the application and notice by Chuo Mitsui Trust Holdings, Inc., Tokyo, to become a bank holding company by acquiring The Sumitomo Trust & Banking Co., Ltd. ("STB"), Osaka, both of Japan, thereby acquiring indirectly STB's wholly owned subsidiary bank Sumitomo Trust and Banking Co. (USA), Hoboken, New Jersey, and thereafter engage in certain nonbanking activities.
By Fed Newswire | Mar 15, 2011
News Release: Information received since the Federal Open Market Committee met in January suggests that the economic recovery is on a firmer footing, and overall conditions in the labor market appear to be improving gradually. Household spending and business investment in equipment and software continue to expand. ...
By Fed Newswire | Mar 15, 2011
News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement actions: Pembina County Bankshares, Ltd., Cavalier, North Dakota Written Agreement dated March 9, 2011 Rurban Financial Corp., Defiance, Ohio Cease and Desist Order dated March 9, 2011 Tonganoxie Bankshares, Inc., Tonganoxie, Kansas Written Agreement dated March 8, 2011 Search of Federal Reserve enforcement actions.
By Fed Newswire | Mar 11, 2011
News Release: The Federal Reserve Board on Friday announced its approval of the proposal by The Goldman Sachs Group, Inc., New York, New York, to retain 9.8 percent of the voting shares of Avenue Financial Holdings, Inc. ("Holdings") and indirectly retain voting shares of Holdings' wholly owned subsidiary bank, Avenue Bank, both of Nashville, Tennessee. Attached is the Board's Order relating to this action.
By Fed Newswire | Mar 10, 2011
News Release: The Committee on Payment and Settlement Systems (CPSS) and the Technical Committee of the International Organization of Securities Commission (IOSCO) today released for comment the consultative report on the Principles for Financial Market Infrastructures. The CPSS and IOSCO expect these principles to ...
By Fed Newswire | Mar 8, 2011
News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement actions: Farmers and Merchants Bancshares, Inc. (17 KB PDF), Burlington, Iowa Written Agreement dated Feb. 28, 2011 Florida Bank Group, Inc. and Florida Bank (39 KB PDF), both of Tampa, Florida Written Agreement ...
By Fed Newswire | Mar 3, 2011
News Release: The Federal Reserve Board on Thursday announced the execution of the following enforcement action: Outsource Holdings, Inc., Lubbock, Texas Written Agreement dated Feb. 24, 2011 Search of Federal Reserve enforcement actions.
By Fed Newswire | Mar 3, 2011
News Release: The Federal Reserve Board on Thursday requested public comment on proposed amendments to Regulation CC (Availability of Funds and Collection of Checks) to encourage banks to clear and return checks electronically, add provisions that govern electronic items cleared through the check-collection system, and shorten the "exception" hold periods on deposited funds.
By Fed Newswire | Mar 1, 2011
News Release: The Federal Reserve Board on Tuesday announced the execution of the following enforcement action: Bridgeview Bancorp, Inc. (63 KB PDF), Bridgeview, Illinois Written Agreement dated Feb. 18, 2011 Search of Federal Reserve enforcement actions.
