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Tag: Fed


Capital and risk, Macroeconomic

Fed: Longer-Term Inflation Expectations Little Changed

August 6, 2018

Via: ABF Journal

Since the Federal Open Market Committee (FOMC) June meeting, indicators show the labor market has continued to strengthen, with economic activity rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate […]


Capital and risk, Macroeconomic

The Fed now has to raise rates to prove it’s independent from Trump, investment manager says

July 20, 2018

Via: CNBC

The Federal Reserve has no choice but to raise rates in defiance of President Donald Trump’s criticism of its monetary policy, an investment manager said Friday. In an interview with CNBC at the White House on Thursday, Trump lamented Fed […]


Activity, Trading

Wells Fargo Profit Falls 11% as Federal Reserve Sanctions Take Toll

July 13, 2018

Via: TheStreet

Wells Fargo & Co. (WFC) , the U.S. bank struggling to overcome a series of scandals, said second-quarter profit fell, as the bank suffered from Federal Reserve-imposed restrictions on its asset growth while higher competition in home lending led to […]


Business banking, Products

Morgan Stanley upgrades Wells Fargo due to the bank’s ‘positive stress test results’

July 3, 2018

Via: CNBC

Morgan Stanley says the passage of Wells Fargo’s capital return plan by the Federal Reserve is a significant positive event for the company. On Thursday, the Fed approved Wells Fargo’splan in the second part of its annual bank stress tests. […]


Regulations

Deutsche Bank CEO: We won’t get rid of our US unit despite failing Fed bank stress tests

June 29, 2018

Via: CNBC

Deutsche Bank CEO Christian Sewing told CNBC on Friday the German banking giant remains committed to its U.S. unit even after failing the second round of annual Federal Reserve stress tests. The Fed said on Thursday it saw “widespread and […]


Regulations

Fed Approves Rule to Prevent Risk Concentration Between Large Banks

June 18, 2018

Via: ABF Journal

The Federal Reserve Board approved a rule to prevent concentrations of risk between large banking organizations and their counterparties from undermining financial stability. As demonstrated during the financial crisis, excessive exposure between the largest financial institutions spread contagion and eroded […]


Activity, Investment banking

Goldman Sachs Stock Is Cheap and Ready to Ace Its Next ‘Test’

June 14, 2018

Via: TheStreet

The banks seemed hot in the wake of the Fed’s policy announcement. Then they cooled. They cooled in a hurry as the yield curve would not play ball. Upward pressure at the short end does not help net interest margins […]


Capital and risk, Operational, Regulations

Fed calls Deutsche Bank’s U.S. operations troubled

May 31, 2018

Via: Market Watch

The Federal Reserve has designated Deutsche Bank DB, -5.53% AG’s sprawling U.S. business in “troubled condition,” a rare censure for a major financial institution that contributed to constraints on its operations, according to people familiar with the matter. The Fed’s […]


Regulations

Fed’s Kaplan sees another four rate hikes or so before central bank finishes its job

May 24, 2018

Via: CNBC

The Federal Reserve needs to raise interest rates about four more times before it reaches an equilibrium level, Dallas Fed President Robert Kaplan said Thursday. Speaking a day after the central bank released minutes from its May meeting, Kaplan said […]


Capital and risk, Macroeconomic

US should watch its debt pile before ‘things get out of hand,’ Fed’s Mester says

May 14, 2018

Via: CNBC

The U.S. should keep its debt-to-GDP (gross domestic product) in mind before things “get out of hand,” Federal Reserve Bank of Cleveland President Loretta Mester said Monday. Asked by CNBC’s Joumanna Bercetche if she was worried about the outlook for […]