By Fed Newswire | Oct 25, 2016
News Release: The Federal Reserve Board on Tuesday announced the approval of fee schedules, effective Jan. 3, 2017, for payment services the Federal Reserve Banks provide to depository institutions (priced services).
By Fed Newswire | Oct 24, 2016
News Release: The Federal Reserve Board on Monday announced its approval of the application under section 3 of the Bank Holding Company Act by River Holding Company, Stoddard, Wisconsin, to merge with Sparta Union Bancshares, Inc., and thereby indirectly acquire its subsidiary bank, Union National Bank & Trust Company, both of Sparta, Wisconsin.
By Fed Newswire | Oct 24, 2016
News Release: Four federal financial institution regulatory agencies issued an exception from the appraisal requirements for real estate-related financial transactions in the parishes declared to be in a major disaster area due to the severe storms and flooding in Louisiana. The agencies will not require financial ...
By Fed Newswire | Oct 24, 2016
News Release: The Federal Reserve Board announced on Monday it has voted to affirm the Countercyclical Capital Buffer (CCyB) at the current level of 0 percent. In making this determination, the Board followed the framework detailed in the Board's policy statement for setting the CCyB for private-sector credit exposures located in the United States.
By Fed Newswire | Oct 21, 2016
News Release: The Federal Reserve Board announced Friday that it plans to collect data from banks for secondary market transactions in U.S. Treasury securities and will enter into negotiations with the Financial Industry Regulatory Authority (FINRA) to potentially act as the Board's collection agent for the data. ...
By Fed Newswire | Oct 20, 2016
News Release: Federal Reserve Board Chair Janet Yellen will host a town hall meeting with educators from across the country on Jan. 12, 2017. The educators will join the Chair at 7 p.m. EST in the Board Room of the Board's main building in Washington, D.C. and participate via webcast from Federal Reserve Bank offices ...
By Fed Newswire | Oct 20, 2016
News Release: On Oct. 20, 2016, the Federal Reserve conducted a floating-rate offering of term deposits through its Term Deposit Facility. The operation offered seven-day term deposits with the rate set equal to the sum of the interest rate paid on excess reserves plus a fixed spread of 1 basis point.
By Fed Newswire | Oct 19, 2016
News Release: The three federal banking regulatory agencies today approved an advance notice of proposed rulemaking (ANPR) inviting comment on a set of potential enhanced cybersecurity risk-management and resilience standards that would apply to large and interconnected entities under their supervision. The standards would apply as well to services provided by third parties to these firms.
By Fed Newswire | Oct 18, 2016
News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings for August 29 and Sept. 19, 2016.
By Fed Newswire | Oct 14, 2016
News Release: The Federal Reserve Board on Friday announced its approval of the application under section 3 of the Bank Holding Company Act by BNC Bancorp to merge with High Point Bank Corporation and thereby indirectly acquire High Point Bank and Trust Company, all of High Point, North Carolina.
By Fed Newswire | Oct 13, 2016
News Release: The Federal Reserve plans to continue its previously announced periodic testing of the Term Deposit Facility (TDF) with one operation in October. These operations are aimed at ensuring the operational readiness of the TDF and providing eligible institutions with an opportunity to maintain familiarity ...
By Fed Newswire | Oct 12, 2016
News Release: The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on September 20-21, 2016. 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 | Oct 6, 2016
News Release: The Federal Reserve Board on Thursday took action to bar two former foreign exchange (FX) traders of HSBC from employment in the banking industry. Mark Johnson and Stuart Scott, former senior HSBC managers, were recently indicted for criminal wire fraud in connection with their trading activities at ...
By Fed Newswire | Oct 4, 2016
News Release: Members of the two national task forces convened by the Federal Reserve to make payments faster and more secure have begun to review and discuss 19 specific proposals submitted by interested task force members across the payments industry that outline potential approaches for a faster payment system in the United States.
By Fed Newswire | Oct 4, 2016
News Release: The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: Capital Commerce Bancorp, Inc., Milwaukee, Wisconsin Written Agreement dated Dec. 31, 2010 Terminated Sept. 28, 2016 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Oct 4, 2016
News Release: The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) on Tuesday posted the public portions of the required "targeted submissions" for the eight systemically important, domestic banking institutions. To foster transparency, the agencies required all of the firms to file a public portion of their targeted submissions.
By Fed Newswire | Sep 29, 2016
News Release: The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below: Agricultural Bank of China, Beijing, Peoples Republic of China and Agricultural Bank of China New York Branch, New York, New York Cease and Desist Order dated Sept. 28, 2016 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
By Fed Newswire | Sep 26, 2016
News Release: The Federal Reserve Board on Monday invited public comment on a proposed rule to modify its capital plan and stress testing rules for the 2017 cycle. Among other changes, the proposal would tailor the Federal Reserve's Comprehensive Capital Analysis and Review (CCAR) to remove certain large and noncomplex firms from the qualitative assessment of CCAR.
By Fed Newswire | Sep 23, 2016
News Release: The Federal Reserve Board on Friday invited public comment on a proposed rule that would strengthen existing requirements and limitations on the physical commodity activities of financial holding companies. The proposal would help reduce the catastrophic, legal, reputational, and financial risks that physical commodity activities pose to financial holding companies.
By Fed Newswire | Sep 21, 2016
News Release: The attached table and charts released on Wednesday summarize the economic projections and the target federal funds rate projections made by Federal Open Market Committee participants for the September 20-21 meeting.
