All Entries Tagged With: "Federal Reserve"
Federal Reserve Issues Deadline to Wall Street’s Bankers
The Federal Reserve regulators told leaders of 28 of the largest financial firms, that the central bank was serious about enforcing the executive pay guidelines it proposed late last month and now they have told Wall Street’s bankers they have till Feb 1st.
Fed's to unveil bank stress test results: recession proof
Today will see federal regulators unveil a picture of what the U.S. banking system is able to withstand, it will see how much stress it can take that the current recession may inflict on it. The picture will be formed once a handful of institutions add to their capital base.
Federal Reserve Appeals: Citigroup, Bank of America, and more
The Federal Reserve has received appeals from six of the 19 largest banks in the U.S. for more capital. Those banks include, Citigroup Inc. (NYSE:C) and Bank of America Corp. (NYSE:BAC), these are according to stress tests taken by the government.
Fed allows emergency cash for US investment banks
Many of the large U.S. investment banks who are having trouble as the financial strain kicks in will be pleased to know that the Federal Reserve will allow them access to emergency cash into next year, if this current turmoil persists.
Ben Bernanke had made this decision on Tuesday, which does hint at
Federal Reserve to restrict exotic mortgages and high-cost loans
Federal Reserve chairman, Ben S. Bernanke, has said that with the turbulence in both the housing and financial markets, he has no option but to issue new lending rules next week, this will restrict exotic mortgages and high-cost loans for those who have weak credit.
Federal Reserve Chairman Ben Bernanke no plans to raise interest rates
A Washington Post op-ed reported that Federal Reserve Chairman Ben Bernanke has no plans at the current time to raise interest rates however: he has said that he is more concerned about growth than inflation. Sources close to Bernanke, has said that