The Wall Street Journal reported that Federal Reserve governor Jerome Powell will be Donald Trump’s choice to lead the Fed when current chair Janet Yellen’s term ends in January. read more

OCT 30, 2017 - 7:36 am

According to the Federal Reserve’s most recent Beige Book release, economic activity expanded at a modest to moderate pace across all 12 Federal Reserve districts in July and August. read more

SEP 18, 2017 - 7:18 am

The board of governors of the Federal Reserve approved the merger of Astoria Financial with and into Sterling Bancorp. read more

SEP 1, 2017 - 6:35 am

According to the recently released Shared National Credit Program Review, regulators said risk in the portfolio of large syndicated bank loans declined slightly buy remains elevated. read more

AUG 4, 2017 - 7:41 am

The Wall Street Journal reported that all 34 banks that underwent the annual stress test from the Federal Reserve had their capital plans approved. read more

JUN 29, 2017 - 7:33 am

The Federal Reserve raised the federal funds rate to a target range of 1% to 1.25%, marking the second increase in the rate in the last three months. read more

JUN 15, 2017 - 6:23 am

The Federal Reserve Board has permanently barred Richard Henderson and Philip Cooper, former employees of Regions Equipment Finance, from the banking industry. read more

JUN 8, 2017 - 8:02 am

Reuters reported that the Federal Reserve has decided to wait on increasing interest rates until it is certain the recent U.S. economic slowdown was temporary. read more

MAY 25, 2017 - 7:32 am

According to the Federal Reserve’s most recent Beige Book release, economic activity increased in each of the 12 Federal Reserve districts between mid-February and the end of March. read more

MAY 1, 2017 - 6:47 am

The Federal Open Market Committee voted to raise the target range for federal funds rate a quarter of a percentage point with three more increases inked in for 2017. read more

DEC 15, 2016 - 6:22 am

The FDIC and Federal Reserve rejected Wells Fargo’s latest “living will” plan and, as a result, has placed restrictions on bank’s ability to grow its international and non-bank activities. read more

DEC 14, 2016 - 7:11 am

According to the most recent Beige Book from the Federal Reserve, the economy continued to expand across most reporting regions from early October through mid-November. read more

DEC 8, 2016 - 7:33 am

Bloomberg said Federal Reserve Governor Jerome Powell has indicated he is prepared to increase in the federal funds rate, as unemployment and inflation near the Fed’s targets. read more

NOV 30, 2016 - 6:43 am

The October 2016 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed demand for bank loans to businesses over the past three months and a steady outlook for the next six months. read more

NOV 14, 2016 - 7:54 am

The Fed is proposing to modify its capital plan and stress testing rules for the 2017 cycle that would remove banks with less than $250 billion in assets from being included in the annual CCAR qualitative review. read more

SEP 28, 2016 - 6:51 am