Search for: "Federal Reserve Bank of New York"
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12 Mar 2023, 4:35 pm
“We are also announcing a similar systemic risk exception for Signature Bank, New York, New York, which was closed today by its state chartering authority,” Treasury, Federal Reserve, and FDIC said in a joint statement Sunday evening. [read post]
10 Mar 2023, 8:17 am
Jack Henry & Associates and ACI Worldwide are among the payments companies gearing up for the launch later this year of the Federal Reserve banks’ new real-time payments system, called FedNow. . . . [read post]
6 Mar 2023, 1:41 am
In the build up to the preliminary hearing, the defendants applied to the District Court for the Southern District of New York (the DCSDNY) on 6 December 2022 for an order requiring HSBC Bank USA NA (HSBC USA) to produce two very broad categories of banking documents relating to Mr Soriano’s companies in reliance on 28 USC §1782 (the 1782 application). [read post]
2 Mar 2023, 4:42 am
The ARRC, which is organised by the Federal Reserve Bank of New York) continues to recommend Term SOFR for new contracts. [read post]
1 Mar 2023, 7:55 am
Jake: [Cryptocurrency interests investors who] don’t want to go through a bank or the Federal Reserve. [read post]
27 Feb 2023, 8:01 pm
The Federal Reserve Bank of New York’s latest data on how recent graduates are faring in the labor market shows a college degree still pays off in terms of employment levels and earnings compared to only a high school diploma. [read post]
23 Feb 2023, 9:47 am
Slaves, and The Republic of New Africa. [read post]
23 Feb 2023, 6:57 am
The district court concluded that, consistent with the contractual choice-of-law provision, New York law governed and barred Raiders’ Pennsylvania-law-based counterclaims. [read post]
22 Feb 2023, 6:16 am
Daniels of the Southern District of New York issued a 30-page opinion denying an attempt by families of the victims of Sept. 11 to gain access to $3.5 billion in frozen assets from Da Afghanistan Bank, which are currently held at the Federal Reserve Bank of New York. [read post]
17 Feb 2023, 3:00 am
But They Barely Utter His Name.Yahoo News – Jonathan Weisman and Maggie Haberman (New York Times) | Published: 2/15/2023 Former South Carolina Gov. [read post]
8 Feb 2023, 5:39 am
None of this is new, or new to this speech type. [read post]
1 Feb 2023, 5:11 am
The case is currently pending in the Southern District of New York. [read post]
31 Jan 2023, 11:00 am
By September 2021, according to the Federal Reserve Bank of St. [read post]
29 Jan 2023, 4:10 am
In 2021, the difference between the median earnings of younger workers with bachelor’s degrees and workers of the same age with high-school diplomas only was $22,000 — the largest since the Federal Reserve Bank of New York began tracking earnings in 1990. [read post]
27 Jan 2023, 10:21 am
What matters here is that Kuttner simply accepts as a starting point that prioritization can be done, relying on a claim by one of the writers at his magazine.In turn, that writer's argument (in a blog post that was mostly about the platinum-coin option) had this to say about prioritization: "[In 2011] the Fed set up a process for making prompt payments to service debt and delaying other obligations," with the embedded link leading to a Wall Street Journal news article… [read post]
26 Jan 2023, 2:59 am
Eileen Sullivan reports for the New York Times. [read post]
23 Jan 2023, 4:05 am
Federal Reserve Bank of New York, (SD NY, Jan. 18, 2023), a New York federal district court held that two former employees of the Federal Reserve Bank of New York may bring Title VII as well as RFRA and Free Exercise claims against FRBNY for denying them a religious exemption from the Bank's COVID vaccine mandate. [read post]
22 Jan 2023, 9:01 pm
In addition, on December 21, 2022, the New York DFS proposed guidance for New York state-regulated banking and mortgage institutions relating to management of material financial risks from climate change. [read post]
19 Jan 2023, 4:10 pm
Following a coordinated investigation by the New York Department of Financial Services and the Federal Reserve Bank of New York, the National Bank of Pakistan agreed to pay $35 million in penalties to the state, and an additional $20.4 million in penalties to the Federal Reserve. [read post]
17 Jan 2023, 5:00 am
The Federal Reserve announced it would further raise its target for short-term interbank interest rates, restricting the growth of money and credit in an effort to reduce economic activity. [read post]