Federal Reserve

Fed Backs Community Bank Regulatory Overhauls

The U.S. Federal Reserve caught the attention of the financial services market this week with Fed Governor Lael Brainard’s speech Wednesday (Oct. 3) on the rising demand for faster and real-time payments. But, the Fed also touched on another aspect of the finserv market: small business banking and lending.

Read More

Federal Reserve Board Seeks Public Comment on Potential Actions to Facilitate Real-time Interbank Settlement of Faster Payments

The Federal Reserve Board on Wednesday invited public comment on actions the Federal Reserve could take to support faster payments in the United States.

Read More

VIDEO: What Is the Fed Looking to Get Out of Real Time Payments?

Data for this episode of Truth In Data provided by Mercator Advisory Group’s report Faster Payments: U.S.

Read More

Fed Chairman Powell Says Cryptocurrencies Present Big Risks to Investors

The head of the Federal Reserve raised concerns about cryptocurrencies on Wednesday, saying they present serious risks to investors. Jerome Powell told members of Congress that relatively unsophisticated investors see the asset go up in price, and they think: ‘This is great; I’ll buy this.’ In fact, there is no promise of that.

Read More

Fed’s Powell Has Some Explaining to Do on Stress Test Move

When Federal Reserve Chairman Jerome Powell faces lawmakers this week, one big question will almost certainly be: Is the central bank playing favorites among the big banks? Sens. Elizabeth Warren, D-Mass.

Read More

Dreams of Goldman Doing Big Takeover Meet Stress Test’s Reality

Almost 10 years after the financial crisis, Wall Street was starting to wonder aloud: Might Goldman Sachs or Morgan Stanley make a big acquisition? At Goldman, the question arose on a conference call in April, as analysts examined the firm’s ambitious plan to expand banking services for consumers.

Read More

Warren Buffett Is in Line for a Multibillion-dollar Windfall After Stress Tests on US Banks

US banks that passed the latest round of Federal Reserve stress tests are now free to boost dividend payments and share buybacks. As one of the largest shareholders in multiple banks, Warren Buffett’s Berkshire Hathaway is now in line for about $1.7 billion worth of extra dividends.

Read More

Deutsche Bank Fails Fed Stress Test While Three U.S. Lenders Stumble

Deutsche Bank AG’s U.S. subsidiary failed on Thursday the second part of the U.S. Federal Reserve’s annual stress tests due to widespread and critical deficiencies in the bank’s capital planning controls. The Fed board’s unanimous objection to Deutsche Bank’s U.S.

Read More

US Federal Reserve Launches Cryptocurrency Index

The Federal Reserve Bank of St. Louis added cryptocurrency to their Federal Reserve Economic Data (FRED) database. It’s a seemingly small gesture, but one that signals to most observers crypto’s maturation, at least in the eyes of arguably the most important central banking institution in the world. Federal Reserve Bank of St.

Read More

Biggest Banks Pass Fed’s Stress Tests

The nation’s biggest banks are strong enough to continue lending if the economy plunges into a severe downturn, an assessment by the Federal Reserve on Thursday that could fuel Wall Street’s calls to further relax financial regulations.

Read More