The Federal Reserve Board released the results of its annual bank stress test, that demonstrates that large banks are well positioned to weather a severe recession and continue to lend to households and businesses even during a severe recession. read more

JUN 29, 2023 - 7:17 am

The Federal Reserve Board approved UBS’ acquisition of the U.S. subsidiaries of Credit Suisse. read more

APR 17, 2023 - 7:12 am

The Federal Reserve Board has fined Standard Chartered Bank of London and its parent company $164 million for the firm's unsafe and unsound practices relating to inadequate sanctions controls and failure to disclose sanctions risks to the Federal Reserve. read more

APR 11, 2019 - 7:00 am

The Federal Reserve Board and the FDIC will jointly hold two public meetings on the proposed merger of BB&T and SunTrust Banks. read more

MAR 15, 2019 - 6:50 am

According to the Fed, the nation’s largest banks are strongly capitalized and would be able to lend to households and businesses during a severe global recession. read more

JUN 22, 2018 - 7:10 am

The Federal Reserve Board approved the application by TIAA to acquire EverBank Financial. read more

JUN 9, 2017 - 7:19 am

The Federal Reserve Board barred two former employees of Regions Bank from employment in the banking industry following their indictment for financial crimes. read more

DEC 23, 2016 - 7:30 am

In a release, the Federal Reserve said that despite strengthening labor market conditions, low inflation and slowing economic activity has caused it to maintain the target range for the federal funds rate at .25 to .5%. read more

APR 28, 2016 - 7:03 am

On Thursday, the Federal Reserve Board decided to leave interest rates unchanged due to developments in the global economy and downward pressure on inflation. read more

SEP 18, 2015 - 7:08 am