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updated Tue. January 16, 2018

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A century before Amazon created a national frenzy to host its second headquarters, U.S. cities battled to claim one of a dozen regional banks that would make up the newly formed Federal Reserve System. Under banker Gordon Jones, Denver made its case for hosting a Federal Reserve bank serving the ...
The Federal Reserve bank of Cleveland appointed Mekael Teshome as its senior official in Pittsburgh. He succeeds Guhan Venkatu who held the post since 2013 and was promoted last July to group vice president of the research department's regional outreach and analysis unit. Teshome starts as vice ...

The Federal Reserve settled five mortgage servicing cases by issuing $35 million in fines to banks that were cited for flawed services. The move ends enforcement actions from the dating back to 2011 and 2012 involving five other banks have already paid similar fines, Reuters reported. The five banks ...
Service firms in the metropolitan region and factories across the state expect their cost for medical insurance and other employee benefits to increase more than 6 percent this year, according to the Federal Reserve Bank of New York. The bank, in a survey of retailers and other service firms on Long Island, ...
Factories in New York state grew more slowly this month as shipments rose and new orders slipped. The Federal Reserve Bank of New York said Friday that its Empire State Manufacturing index declined to 18 in December, from 19.4 last month. The index is down from a three-year high of 30.2 last month.
The Federal Reserve Bank of Richmond's decision to hire Thomas Barkin as its next president has renewed questions over the cloaked process of selecting officials who set the most widely watched ... "This further underscores that the regional Federal Reserve banks should be public institutions," he said.

The Federal Reserve Bank of Richmond's decision to hire Thomas Barkin as its next president has renewed questions over the cloaked process of selecting officials who set the most widely watched ... "This further underscores that the regional Federal Reserve banks should be public institutions," he said.
The Federal Reserve Bank of Richmond, which monitors large banks in a district that includes Charlotte, announced a new president on Monday. Thomas Barkin, chief risk officer for consulting firm McKinsey & Company, assumes the Fed role Jan. 1. He replaces Jeffrey Lacker, who abruptly retired this year ...
The Federal Reserve bank of St. Louis announced Wednesday several changes to its board of directors that were effective Jan. 1. John Roberts III, president and CEO of J.B. Hunt Transport Services Inc. of Lowell, was re-elected to a three-year term. Kathleen Mazzarella, chairman, president and CEO of ...
It's not hard to look at the mobile payments market these days and think it's on the cusp of an explosion; just think of all the new product offerings. Yet when we go shopping, and ask to use Apple Pay or the like, we're often met with blank stares. A new report from the Federal Reserve bank of Boston says ...
Seattle, Jan. 11, 2018 (GLOBE NEWSWIRE) -- The Federal Reserve bank of San Francisco appointed Laura Lee (Laurie) Stewart, president and Chief Executive Officer of Sound Community Bank / Sound Financial Bancorp, to its Seattle Branch Board of Directors for a three-year term, effective January 1, ...
Those are just "estimates," the Fed said. Final "audited" results of the Federal Reserve banks are due in March. This "audit" is of course the annual financial audit executed by KPMG that the Fed hires to do this. It's not the kind of audit that some members in Congress have been clamoring for - an audit that ...
Gaining access to the actual Federal Reserve bank in downtown Los Angeles was always going to be difficult, what with the fact that it is the home to billions upon billions of dollars. Luckily, and, quite frankly, unbelievably, though, one of the film's producers Tucker Tooley had some inside access to the ...
Jackson, who joined Fort Lauderdale-based AutoNation as CEO in 1999, previously served on the board of directors of the Federal Reserve bank of Atlanta's Miami branch. (He became company chairman in 2002 and president in 2015.) Jackson is also a member of the board of governors and the ...
Mike J. Jackson, chairman, Chief Executive Officer, and president of AutoNation Inc., has been appointed chair, and Myron A. Gray, president of U.S. operations of United Parcel Service (UPS), has been appointed deputy chair of the Federal Reserve bank of Atlanta's board of directors. Their one-year terms ...
The Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy, supervises banks and bank savings and loan Holding Companies and provides Financial Services to depository institutions and the federal government. It is one of the 12 regional Reserve Banks that, together with ...
Texas retailers surveyed just before Christmas by the Dallas Federal Reserve bank said they ended the year with more optimism, increased hiring and scheduled employees with more hours. Retail sales strength came from both the recovering oil patch and from households and businesses replenishing ...

Why you know him: Jeffrey M. Lacker served for 13 years as president and Chief Executive Officer of the Federal Reserve Bank of Richmond. His term as the top officer at one of the Federal Reserve's regional banks included the worst financial crisis and recession since the Great Depression of the 1930s, ...
"When I go to seminars in other disciplines, the tenor of the seminars tends to be a lot less about scoring points and…nail[ing] the speaker to the blackboard," she said in an interview published this month on the website of the Federal Reserve bank of Minneapolis. In economics, she says, presenting your ...
The legal team of Fed is looking for a way to recover its seized 513 bitcoins which were confiscated for being part of a drug case in Salt Lake City. These bitcoins were initially owned by a person named Aaron Shamo who was arrested on charges of illegally distributing the so-called "cryptocurrency" which ...
Factories in New York state grew more slowly this month as shipments rose and new orders slipped. The Federal Reserve Bank of New York said Friday that its Empire State Manufacturing index declined to 18 in December, from 19.4 last month. The index is down from a three-year high of 30.2 last month.
The Federal Reserve Bank of Richmond's decision to hire Thomas Barkin as its next president has renewed questions over the cloaked process of selecting officials who set the most widely watched ... "This further underscores that the regional Federal Reserve banks should be public institutions," he said.
The Federal Reserve Bank of Richmond, which monitors large banks in a district that includes Charlotte, announced a new president on Monday. Thomas Barkin, chief risk officer for consulting firm McKinsey & Company, assumes the Fed role Jan. 1. He replaces Jeffrey Lacker, who abruptly retired this year ...
The Fed's Beige Book is prepared by the Federal Reserve banks of the 12 Fed districts. The process of preparing the Beige book begins six weeks before the next FOMC meeting. As part of the preparation process, every Federal Reserve bank gathers information on the current market conditions from their ...
Thomas I. Barkin, a senior executive at global consulting firm McKinsey & Co., was chosen the next president and Chief Executive Officer of the Federal Reserve Bank of Richmond, the bank announced Monday morning. Barkin will become the Richmond Fed's eighth president and CEO when he takes the ...
St. Louis Fed President Jim Bullard said Friday that more rate increases could lead to a recession. Bullard repeatedly has argued for no more short-term rate increases by the Fed, at least for now. But he went further in a speech in Little Rock, Arkansas. He said the problem is that the U.S. yield curve is ...
William Dudley, president of the Federal Reserve Bank of New York, shared his thoughts on digital currencies at multiple speaking engagements the week of November 27. The biggest takeaway is that the Fed is considering creating their own digital currency at some point in the future.
The economies of the Greensboro-High Point MSA, and the Triad as a whole, have been resilient since the outbreak of the 2007 recession, but statistics show a significant challenge on the horizon, according to Rick Kaglic, senior regional economist for the Federal Reserve bank in Richmond, VA. Kaglic ...
Washington: Janet Yellen has stepped down from her position as Federal Reserve Board chairman since President Trump decided not to offer ...
A report by the Federal Reserve bank of Cleveland that slammed the peer-to-peer lending industry has been taken offline for clarification after ...
Dallas Federal Reserve bank President Robert Kaplan said the U.S. economy is at or close to full employment. unemployment, now at 4.1 ...
The bond market is once again causing concern to traders and investors -- at least if Bank of America's November Global fund manager ...
US household debt continued its steady rise in the third quarter, breaking the record set in the previous three months, while increasing signs of ...
Chicago Federal Reserve bank President Charles Evans called for a new approach to rate-setting that would allow the Fed to respond to ...
... Approves Fee Schedule For Federal Reserve bank Priced Services ... 2018, for payment services the Federal Reserve banks provide to ...
Q&A with Blake Lyons, Vice President - Human Resources, Federal Reserve bank of Atlanta, 2017 40 Under 40 Awards honoree.
In this Tuesday, March 21, 2017, file photo, William C. Dudley, President and Chief Executive Officer of the Federal Reserve Bank of New York, ...
Mr. Taylor, speaking earlier this month at the Federal Reserve bank of Boston, suggested he might embrace that tradition. "I don't think of policy ...
Federal Reserve bank of Kansas City President Esther L. George speaks on "The U.S. economy and Monetary Policy" on Tuesday at the Sam ...
Editor's Note: Federal Reserve bank of Dallas President Robert Kaplan addressed a range of economic and monetary issues when he spoke ...
The Fourth Corner Credit Union asked a Colorado federal judge last month to force the Federal Reserve bank of Kansas City to issue a master ...
The Federal Reserve bank will probably have a new chairman, Jerome Powell. The best thing he could do is close the place down. Authorized by the Constitution to regulate the value of money, Congress has delegated the matter to the Federal Reserve bank, requiring it to maintain price stability and ...
Blake Lyons has worked in many capacities at the Federal Reserve bank of Atlanta, starting as an analyst straight out of college at Mercer ...
Northwest Iowa -- The harvest is winding down here in northwest Iowa, and now farmers face an agricultural economy which has stabilized, ...
This can be seen in various estimates, including the Federal Reserve bank of Atlanta's GDP Now (September 29 estimate of 2.3%) as well as ...
Federal Reserve bank of Dallas President Robert Kaplan said Monday the door remains open to raising short-term interest rates this year.
Austin, Texas - Federal Reserve bank of Kansas City President Esther George speaks before the Investing in America's Workforce ...
"In the face of these assurances, the Federal Reserve bank of Kansas City has continued to resist granting a master account to Fourth Corner.
... into the holiday shopping season, according to a report by the Michigan retailers Association and the Federal Reserve bank of Chicago.
El Paso, Texas - Federal Reserve bank of Dallas President Robert Kaplan participates in moderated Q&A session before the "Dialogue with ...


 

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