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Showing posts with the label Banking and Financial Institutions

[TRENDING NEWS] Powell or Brainard? Why Biden’s Pick to Lead the Fed Matters Now

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Author: BY SARAH BINDER AND MARK SPINDEL - Publish Date: November 22, 2021 at 03:00AM Joe Biden’s pick to head the Federal Reserve is coming down to Jay Powell or Lael Brainard.

[TRENDING NEWS] Wall St. Is Finally Getting Access to China. But for How Long?

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Author: BY LANANH NGUYEN - Publish Date: November 15, 2021 at 09:57PM Citigroup, JPMorgan Chase and Goldman Sachs are among those eyeing huge potential profits, undeterred by Beijing’s sudden policy changes and friction with the United States.

[TRENDING NEWS] Elizabeth Warren asks the Fed to release its March 2020 ethics warning about trading.

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Author: BY JEANNA SMIALEK - Publish Date: October 21, 2021 at 11:47PM Ms. Warren, a Democratic Senator from Massachusetts, asked the Federal Reserve’s Board of Governors to release an email sent to reserve banks.

[TRENDING NEWS] Elizabeth Warren Calls for an Insider Trading Inquiry at the Fed

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Author: BY JEANNA SMIALEK - Publish Date: October 5, 2021 at 12:05AM The Democratic Senator called for an investigation after news that the Fed's vice chair shifted toward stocks shortly before a policy announcement last year.

[TRENDING NEWS] Should We Fear Bitcoin, or Celebrate It?

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Author: Unknown Author - Publish Date: September 30, 2021 at 11:30PM Readers discuss the pros and cons of cybercurrencies. Also: R. Kelly's conviction; a new look for the American flag.

[TRENDING NEWS] The world’s top central bankers see supply chain problems prolonging inflation.

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Author: BY JEANNA SMIALEK AND ESHE NELSON - Publish Date: September 30, 2021 at 02:07AM The heads of the Federal Reserve, European Central Bank, Bank of England and Bank of Japan spoke on a joint panel Wednesday.

[TRENDING NEWS] With his reappointment on the line, Elizabeth Warren calls Jerome Powell ‘a dangerous man.’

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Author: BY JEANNA SMIALEK - Publish Date: September 29, 2021 at 12:22AM Other Democrats fretted about diversity at the Federal Reserve as Chair Jerome H. Powell testified ahead of an imminent personnel shake-up.

[TRENDING NEWS] Supply bottlenecks are a major drag on growth, E.C.B. president says.

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Author: BY JACK EWING - Publish Date: September 28, 2021 at 11:44PM Eurozone exports would be almost 7 percent higher if not for supply issues, Christine Lagarde said.

[TRENDING NEWS] Fed’s Williams hints that bond-buying taper could start even if job gains slow.

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Author: BY JEANNA SMIALEK - Publish Date: September 9, 2021 at 03:03AM The president of the powerful New York Fed said that it was the level of the job market, not the pace of progress, that mattered.

[TRENDING NEWS] Two of Bank of America’s Post-Crisis Leaders Will Retire

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Author: BY LANANH NGUYEN - Publish Date: August 26, 2021 at 11:45PM Vice Chair Anne Finucane, one of the most powerful women in banking, will leave at the end of the year. So will its chief operating officer, Thomas K. Montag.

[TRENDING NEWS] ‘I’ve Seen the Challenges of Being in the “Other” Group’

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Author: BY PETER COY - Publish Date: August 21, 2021 at 01:12AM An interview with Raphael Bostic of the Atlanta Fed on diversity, inclusion and monetary policy.

[TRENDING NEWS] Fed officials saw a path to slowing bond-buying this year, but debated when to start.

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Author: BY JEANNA SMIALEK - Publish Date: August 19, 2021 at 01:38AM Minutes from the Federal Reserve’s July 27-28 meeting showed that “most” officials “judged that the standard set out in the committee’s guidance regarding asset purchases could be reached this year.”

[TRENDING NEWS] Amazon pushes its return to office to Jan. 3.

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Author: BY KAREN WEISE, KATE KELLY AND LANANH NGUYEN - Publish Date: August 5, 2021 at 11:59PM BlackRock and Wells Fargo also delayed their mandatory return to office until October. Both attributed the changes to new developments in the spread of Covid-19 in the United States.

[TRENDING NEWS] Federal Reserve Keeps Rates Unchanged but Cites ‘Progress’ Toward Its Goals

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Author: BY JEANNA SMIALEK - Publish Date: July 29, 2021 at 01:00AM The central bank held policy steady. But it made the clearest hint yet that it will soon begin to shift from emergency mode.

[TRENDING NEWS] Is Robinhood’s Disruption a Good Thing?

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Author: BY SHIRA OVIDE - Publish Date: July 29, 2021 at 12:17AM The stock trading app goes public this week. Here’s why the company has gotten so much attention.

[TRENDING NEWS] Could Banking Magic Save Cities From Climate Disaster?

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Author: BY ALEX YABLON - Publish Date: July 17, 2021 at 02:00AM One way to avoid this circular debate on debt, taxes and spending is to provide states and cities with cheap, reliable low-cost loans.

[TRENDING NEWS] Didi’s Regulatory Troubles Might Just Be Getting Started

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Author: BY RAYMOND ZHONG AND PETER EAVIS - Publish Date: July 7, 2021 at 11:51PM After Beijing removed it from app stores over data concerns, the newly listed ride-hailing platform could face further scrutiny in China — and in the United States.

[TRENDING NEWS] A top Fed official says digital currency may be the money equivalent of parachute pants.

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Author: BY JEANNA SMIALEK - Publish Date: June 29, 2021 at 01:00AM Comparing central bank digital currencies to fads, the Fed’s vice chair for supervision said the case for a digital dollar must clear a “high bar.”

[TRENDING NEWS] The Fed announces plans to sell off its corporate bond holdings.

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Author: BY JEANNA SMIALEK - Publish Date: June 3, 2021 at 03:35AM The Fed bought corporate bonds as part of an emergency maneuver last year. It will begin to sell those holdings, it announced Wednesday.

[TRENDING NEWS] Former White House Adviser Is Charged With Stealing From Charter School Network

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Author: BY AZI PAYBARAH - Publish Date: April 28, 2021 at 10:11AM Seth Andrew, who served in the Obama administration, stole more than $200,000 to help him buy a $2 million Manhattan apartment, prosecutors said.