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1 Dec 2020, 9:05 pm
Although relatively scant empirical evidence exists to show what effect the CFPB’s enforcement actions have had on consumers, in a 2018 working paper, economists Andreas Fuster and Matthew Plosser from the Federal Reserve Bank of New York and James Vickery from the Federal Reserve Bank of Philadelphia found that CFPB enforcement and oversight did not reduce the amount of credit offered to consumers. [read post]
6 Oct 2009, 1:56 am
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10/05/2009
Changes in Frequently Asked Questions Under the TALF (PDF 288 KB)Released by the Federal Reserve Bank of New York10/05/2009
Changes in Terms and Conditions Under the TALF (PDF 124 KB)Released by the Federal… [read post]
4 Dec 2008, 6:57 pm
The bank bought New Orleans-based Hibernia Corp. in 2005 and North Fork Bank, based in the New York/New Jersey region, in 2006. [read post]
27 Sep 2024, 6:00 am
” The new service, expected to launch next year, may tap the two U.S. real-time payment systems to make the instant payments happen, including the Federal Reserve’s FedNow offering as well as The Clearing House’s RTP network, according to an earlier report Thursday from the media outlet Bloomberg. . . . [read post]
17 Jan 2020, 11:14 am
The hefty fine was paid to several federal and state agencies, including DOJ, the Federal Reserve, Treasury’s Office of Foreign Assets Control, and the New York Department of Financial Services. [read post]
13 Dec 2016, 10:13 am
U.S. persons who are notified by letter from the Federal Reserve Bank of New York. [read post]
20 Apr 2021, 8:40 am
The discussion draft also would clarify the tax treatment of benchmark replacements and provide for related rulemaking by the Federal Reserve and the Treasury Department.Key provisions. [read post]
20 Dec 2018, 1:00 pm
Arab Bank, which held that the Alien Tort Statute (ATS) did not permit federal courts to recognize causes of action against foreign corporations. [read post]
27 Nov 2010, 7:27 pm
Duke, a Federal Reserve Board governor, said in her testimony that the central bank expected about 2.25 million foreclosure filings this year and in 2011, and two million more in 2012. [read post]
16 May 2007, 1:44 am
On the other hand, this report last year from economists with the RAND Corporation and the Federal Reserve Bank of New York suggests that cat bonds have yet to live up to their promise. [read post]
4 Mar 2007, 8:07 pm
Read more here (from the New York Times). [read post]
13 Jul 2015, 5:59 am
In the fall of 2008, Treasury Secretary Henry Paulson and New York Federal Reserve President Timothy Geithner demanded the permanent surrender of nearly an 80% stake in AIG as “security” for a usurious loan. [read post]
13 May 2013, 12:24 pm
The court held that AIG has standing to bring suit, rejecting the argument that AIG had assigned its claims to the Federal Reserve Bank of New York. [read post]
4 May 2021, 11:01 am
The Federal Reserve Act (FRA) also does not require national banks to be insured. [read post]
4 Aug 2007, 10:16 am
The Federal Reserve Bank of Chicago named Charles Evans as its new president. [read post]
18 Apr 2023, 12:48 pm
Federal Reserve green lights UBS-Credit Suisse deal in US. [read post]
23 Feb 2024, 6:00 am
BNPL Popularity Rises Among ‘Financially Fragile’ ConsumersPayments Dive – February 15, 2024 “Financially fragile” buy now, pay later users are turning to the installment payment method more frequently than financially stable consumers, according to new research from the Federal Reserve Bank of New York. [read post]
16 Oct 2009, 5:00 am
There have been many developments over the last several weeks in the corporate governance area, some in Delaware (mostly predictable bad news) and some at the federal level, including an Inspector General's report on supervision by the Fed (out of New York) and Treasury over AIG's compensation practices. [read post]
9 Jan 2017, 1:06 am
O’Neil focused on the standards and procedure set forth by the law of the State of New York. [read post]
22 Apr 2013, 12:00 am
Grinstein-Weiss also serves as a nonresident senior fellow at the Brookings Institution, as a research associate for the Federal Reserve Bank of Cleveland and as a fellow for the Center of Community Capital. [read post]
