Stories by Fed Newswire on Federal Newswire


The US Federal Reserve System published a two page notice on Oct. 18, according to the U.S. Government Publishing Office.


The US Federal Reserve System published a two page notice on Oct. 18, according to the U.S. Government Publishing Office.


The US Federal Reserve System published a two page notice on Oct. 18, according to the U.S. Government Publishing Office.


The US Federal Reserve System published a one page notice on Oct. 18, according to the U.S. Government Publishing Office.


The US Federal Reserve System published a two page notice on Oct. 18, according to the U.S. Government Publishing Office.


Federal Reserve Board issues enforcement action with former institution-affiliated party of BNP Paribas

News Release: The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below: Consent prohibition and civil money penalty against Bhushan Bhangale Former institution-affiliated party of BNP Paribas, New York, New York Receipt of improper payments in connection with third-party services provided to institution Additional enforcement actions can be searched for here.


Federal Reserve publishes paper describing landscape of partnerships between community banks and fintech companies

News Release: To support responsible innovation in the community banking sector, the Federal Reserve Board on Thursday published a paper describing the landscape of partnerships between community banks and fintech companies. The paper captures insights gathered from extensive outreach with community banks, fintechs, and other stakeholders. The outreach involved discussions focused on the strategic and tactical decisions that support effective partnerships.


Agencies extend comment period on proposed risk management guidance for third-party relationships

News Release: The federal bank regulatory agencies announced on Tuesday that they will extend until Oct. 18, 2021, the comment period on proposed guidance designed to help banking organizations manage risks associated with third-party relationships, including relationships with financial technology-focused entities. ...


Federal Reserve Board announces termination of enforcement action with Intesa Sanpaolo S.p.A. and Intesa Sanpaolo S.p.A. New York Branch

News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: Intesa Sanpaolo S.p.A., Turin, Italy and Intesa Sanpaolo S.p.A. New York Branch, New York, New York Written Agreement, dated March 2, 2007 (PDF) Terminated Aug. 31, 2021 Additional enforcement actions can be searched for here.


Federal and state financial regulatory agencies issue interagency statement on supervisory practices regarding financial institutions affected by California Wildfires

News Release: The Office of the Comptroller of the Currency, the Federal Reserve Board, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the state regulators, collectively the agencies, recognize the serious impact of California wildfires on the customers and operations of many ...


Federal and state financial regulatory agencies issue interagency statement on supervisory practices regarding financial institutions affected by Hurricane Ida

News Release: The Office of the Comptroller of the Currency, Federal Reserve Board, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the state regulators, collectively the agencies, recognize the serious impact of Hurricane Ida on the customers and operations of many financial ...


Agencies issue guide to help community banks evaluate fintech relationships

News Release: The federal bank regulatory agencies today released a guide intended to help community banks assess risks when considering relationships with financial technology (fintech) companies.


Federal Reserve Board announces termination of enforcement action with AllNations Bank

News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: AllNations Bank, Calumet, Oklahoma Written Agreement, dated Oct. 22, 2018 (PDF) Terminated Aug. 19, 2021 Additional enforcement actions can be searched for here.


Minutes of the Board's discount rate meetings on July 19 and July 28, 2021

News Release: The Federal Reserve Board on Tuesday released the minutes of its interest rate meetings on July 19 and July 28, 2021.


Minutes of the Federal Open Market Committee, July 27-28, 2021

News Release: The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on July 27–28, 2021.


Federal Reserve Board announces approval of application by SmartFinancial, Inc.

News Release: The Federal Reserve Board on Tuesday announced its approval of the application by SmartFinancial, Inc., Knoxville, Tennessee, to merge with Sevier County Bancshares, Inc., and thereby indirectly acquire its subsidiary state nonmember bank, Sevier County Bank, both of Sevierville, Tennessee.


Federal Reserve Board issues enforcement actions with South Shore Bank and Dime Community Bank

News Release: The Federal Reserve Board on Thursday announced the execution of the enforcement actions listed below: South Shore Bank, Weymouth, Massachusetts Flood insurance violations; civil money penalty Consent Order, dated Aug. 10, 2021 Dime Community Bank, Hauppauge, New York Flood insurance violations; civil money penalty Consent Order, dated Aug. 11, 2021 Enforcement actions can be searched for here.


Federal Reserve Board announces termination of enforcement action with JPMorgan Chase & Co.

News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: JPMorgan Chase & Co., New York, New York Cease and Desist Order, dated May 20, 2015 (PDF) Terminated Aug. 3, 2021 Additional enforcement actions can be searched for here.


Federal Reserve Board announces the individual capital requirements for all large banks, effective on October 1

News Release: Following its stress test earlier this year, the Federal Reserve Board on Thursday announced the individual capital requirements for all large banks, effective on October 1. Those capital requirements ensure that the large banks tested will hold roughly $1 trillion in high-quality capital—enough to survive a severe recession and still be able to lend to households and businesses.


Federal Reserve Board issues enforcement actions with Commercial Bank and a former employee of Regions Bank

News Release: The Federal Reserve Board on Tuesday announced the execution of the enforcement actions listed below: Consent prohibition against Kristyn Kelly Former employee of Regions Bank, Birmingham, AL Unauthorized transactions in a customer account Commercial Bank, Harrogate, Tennessee Flood insurance violations; civil money penalty Consent Order, dated July 30, 2021 Additional enforcement actions can be searched for here.