Top

Tag: Federal Reserve


Activity, Investment Banking

Is Today the Right Time to Buy U.S. Bancorp?

November 17, 2020

Via: Yahoo

It also generally means higher interest rates on loans, which is good for a bank’s bottom line. The United States has gone into recession, Federal Reserve-managed prime interest rates dropped to the 0%-0.25% range, and millions of people were losing […]


Capital and Risk, Macroeconomic

Joe Biden will have a long list of economic fixes to make: Experts say these are the top 3

November 11, 2020

Via: Aol

Economists and market analysts say that when President-elect Joe Biden takes the oath of office in January, he will inherit a battered economy. While most metrics of economic activity have risen from the record-shattering lows they hit in March and […]


Capital and Risk, Macroeconomic

As Washington delays stimulus, the Fed is running out of ways to help the economy

October 28, 2020

Via: CNBC

Federal Reserve officials have been pressing Congress to provide more fiscal help to the U.S. economy, and with good reason: The central bank is running out of ways it can help. Since the expiration of key provisions of the $2.2 […]


Regulations

Citi to pay $400m OCC fine for risk management failures

October 12, 2020

Via: Banking Technology

The South Dakota-based bank was found to have “deficiencies” in enterprise-wide and compliance risk management, as well as its data governance and internal controls. As well as paying a hefty fine to the US Treasury, Citi will also have to […]


Regulations

Federal Reserve demands clarity on US banks’ diversity efforts

September 11, 2020

Via: Banking Technology

Sheila Clark, the Fed’s programme director for its diversity office, says submissions of diversity policy and practice assessments had “slightly increased” over the past two years. But in a congressional testimony published ahead of a hearing on Tuesday, the Fed […]


Capital and Risk, Liquidity

Treasury yields slip amid signs that U.S. economy remains fragile

September 2, 2020

Via: Market Watch

Long-dated U.S. Treasury yields fell on Wednesday as investors fretted over the fragility of the U.S. economic recovery which has led investors to expect the Federal Reserve will keep interest rates at rock-bottom for an extended period. What are Treasurys […]


Capital and Risk, Liquidity

Gold falls in volatile trading as investors digest Powell’s Jackson Hole speech

August 27, 2020

Via: Market Watch

Gold futures moved lower Thursday in volatile trading that saw prices move in either direction by as much as 2%. Federal Reserve Chairman Jerome Powell announced changes to the central bank’s policy framework in a speech at the Jackson Hole […]


Activity, Trading

Dow stumbles at start of trading as weekly jobless claims return to above a million

August 20, 2020

Via: Market Watch

U.S. stocks opened modestly lower on Thursday after a weekly jobless benefit claims report suggested the recovery in employment was flagging. After the S&P 500 index achieved its record close earlier this week, investors have become more angst-ridden about pricey […]


Capital and Risk, Liquidity

Gold prices pull back from $2,000 mark as dollar’s skid abates

August 19, 2020

Via: Market Watch

Gold prices fell on Wednesday as the U.S. dollar halted its skid and as commodity investors watch for minutes from the Federal Reserve’s July policy meeting, which could provide further insights on the central banker’s outlook for the U.S. and […]


Capital and Risk, Macroeconomic

Fed officials expect that coronavirus will ‘weigh heavily’ on the economy, minutes show

August 19, 2020

Via: CNBC

Federal Open Market Committee members expressed concern at their latest meeting over the future of the economy, saying that the coronavirus likely would continue to stunt growth and potentially pose dangers to the financial system. At the July 28-29 session, […]