The Federal Reserve Bank of New York announced that René F. Jones, Chairman and Chief Executive Officer of M&T Bank Corp., has been elected as a Class A director representing Group 1, which consists of banks with capital and surplus of more than $2...
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January 04, 2022, 07:16 AM
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The Federal Reserve Board on Monday announced it will extend its Paycheck Protection Program Liquidity Facility, or PPPLF, by three months to June 30, 2021. The extension will provide continued support for the flow of credit to small businesses...
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March 09, 2021, 08:00 AM
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The introduction of a central bank digital currency (CBDC) raises long-standing questions relating to the provision of public and private money, and the ability of the central bank to use CBDC as a means for transmitting monetary policy directly to...
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November 11, 2020, 09:10 AM
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Economic activity contracted sharply and abruptly across all regions in the United States as a result of the COVID-19 pandemic, according to a report from the Federal Reserve. The hardest-hit industries—because of social distancing measures and...
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April 16, 2020, 09:15 AM
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The former head of the statistics function and senior advisor to the director of research at the Federal Reserve Bank of New York, Kenneth Lamar was recently named an independent senior advisor to the Deloitte Center for Regulatory Strategies. Based...
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July 29, 2016, 07:47 AM
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The U.S. banking regulators' proposal to double the minimum Basel III leverage ratio, referred to as the supplementary leverage ratio, is likely to be manageable for affected banks, Fitch Ratings says. But the 6% standard is onerous for bank...
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July 12, 2013, 07:13 AM
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Grant Thornton announced that it continues to expand the National Bank Advisory & Regulatory Services practice with the hiring of regulatory industry veteran Rona Pocker, based in New York.
“We are committed to helping our clients meet the emerging...
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February 15, 2013, 07:43 AM
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