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April 30, 2012 - Dealing with the impact of manufacturing job
losses in the Midwest - Emily Engel, senior research analyst and
Susan Longworth, business economist - The Community Development and
Policy Studies division of the Federal Reserve Bank of Chicago
hosted the Industrial Cities Initiative Symposium on February 28,
2012.
www.chicagofed.org/digital_assets/publications/chicago_fed_letter/2012/cflmay2012_298a.pdf
April 30, 2012 - 2011 Annual Report Now Online - Main essay features
Chicago Fed President Charles Evans making the case for more
monetary policy accommodation.
www.chicagofed.org/digital_assets/publications/annual_report/2011_annual_report.pdf
April 30, 2012 - NCUA Preps for CU Online Upgrade - Based on credit
union feedback, the National Credit Union Administration will launch
an upgraded version of the Credit Union Online system May 28. Credit
unions can learn more about the changes coming to cuonline.ncua.gov
during a free, interactive webinar May 15. Advance registration is
required.
www.ncua.gov/News/Pages/NW20120430CUOnlineUpgrade.aspx
April 30, 2012 - Gamblers as Personal Finance Activists - Gambling
behavior can serve as an informative indicator of important
household heterogeneity that is difficult to observe directly in
data. We present, to the best of our knowledge, the first
comprehensive study of the consumption and personal finance of
gamblers using a nationwide representative household survey.
www.federalreserve.gov/pubs/feds/2012/201218/201218pap.pdf
April 30, 2012 - Are All Trade Policies Created Equal? Empirical
Evidence for Nonequivalent Market Power Effects of Tariffs and
Quotas - Over the past 50 years, the steel industry has been
protected by a wide variety of trade policies, both tariff- and
quota-based.
www.federalreserve.gov/pubs/feds/2012/201217/201217pap.pdf
April 30, 2012 - The April 2012 Senior Loan Officer Opinion Survey
on Bank Lending Practices addressed changes in the supply of, and
demand for, bank loans to businesses and households over the past
three months. This summary is based on responses from 58 domestic
banks and 23 U.S. branches and agencies of foreign banks.
www.federalreserve.gov/boarddocs/SnLoanSurvey/201205/default.htm
April 30, 2012 - Concording U.S. Harmonized System Categories Over
Time - Monitoring changes to product classification systems is an
important component of a wide range of empirical research. In this
paper we develop an algorithm for concording periodic revisions to
the ten-digit Harmonized System codes used by U.S. statistical
agencies to categorize international trade since 1989.
www.federalreserve.gov/pubs/feds/2012/201216/201216pap.pdf
April 30, 2012 - A Concordance Between Ten-Digit U.S. Harmonized
System Codes and SIC/NAICS Product Classes and Industries - While
the relationship between international trade and domestic economic
activity is an important topic in economics, research in this area
has been slowed due to data limitations.
www.federalreserve.gov/pubs/feds/2012/201215/201215pap.pdf
April 30, 2012 - Mortgage Debt and Household Deleveraging:
Accounting for the Decline in Mortgage Debt Using Consumer Credit
Record Data - One of the major reasons hypothesized for the tepid
economic recovery thus far is the ongoing "deleveraging" process.
From 2009:Q3 to 2011:Q3, aggregate household debt declined by about
$1.5 trillion in real terms, with mortgage debt falling by about $1
trillion.
www.federalreserve.gov/pubs/feds/2012/201214/201214pap.pdf
April 30, 2012 - The Relationship Between Information Asymmetry and
Dividend Policy - This paper examines how the quality of firm
information disclosure affects shareholders' use of dividends to
mitigate agency problems. Managerial compensation is linked to firm
value.
www.federalreserve.gov/pubs/feds/2012/201213/201213abs.html
April 30, 2012 - On the distribution of a discrete sample path of a
square-root diffusion - We derive the multivariate moment generating
function for the stationary distribution of a discrete sample path
of n observations of a square-root diffusion process, X(t).
www.federalreserve.gov/pubs/feds/2012/201212/201212pap.pdf
April 30, 2012 - Evaluating DSGE Model Forecasts of Comovements -
This paper develops and applies tools to assess multivariate aspects
of Bayesian Dynamic Stochastic General Equilibrium (DSGE) model
forecasts and their ability to predict comovements among key
macroeconomic variables.
www.federalreserve.gov/pubs/feds/2012/201211/201211pap.pdf
April 30, 2012 - Examining the Impact of Credit Access on Small Firm
Survivability - This paper examines the effects of credit
availability on small firm survivability over the period 2004 to
2008 for non-publicly traded small enterprises.
www.federalreserve.gov/pubs/feds/2012/201210/201210pap.pdf
April 30, 2012 - What Does Financial Volatility Tell Us About
Macroeconomic Fluctuations?
www.federalreserve.gov/pubs/feds/2012/201209/201209pap.pdf
April 30, 2012 - Misallocation and Financial Market Frictions: Some
Direct Evidence from the Dispersion in Borrowing Costs.
www.federalreserve.gov/pubs/feds/2012/201208/201208pap.pdf
April 27, 2012 - Pacific Premier Bank, Costa Mesa, California,
Assumes All of the Deposits of Palm Desert National Bank, Palm
Desert, California - Palm Desert National Bank, Palm Desert,
California, was closed today by the Office of the Comptroller of the
Currency, which appointed the Federal Deposit Insurance Corporation
as receiver. To protect the depositors, the FDIC entered into a
purchase and assumption agreement with Pacific Premier Bank, Costa
Mesa, to assume all of the deposits of Palm Desert National Bank.
www.fdic.gov/news/news/press/2012/pr12050.html
April 27, 2012 - First Federal Bank, Charleston, South Carolina,
Assumes All of the Deposits of Plantation Federal Bank, Pawleys
Island, South Carolina - Plantation Federal Bank, Pawleys Island,
South Carolina, was closed today by the Office of the Comptroller of
the Currency, which appointed the Federal Deposit Insurance
Corporation as receiver. To protect the depositors, the FDIC entered
into a purchase and assumption agreement with First Federal Bank
(formerly known as First Federal Savings and Loan Association of
Charleston), Charleston, South Carolina, to assume all of the
deposits of Plantation Federal Bank.
www.fdic.gov/news/news/press/2012/pr12049.html
April 27, 2012 - Great Southern Bank, Reeds Spring, Missouri,
Assumes All of the Deposits of Inter Savings Bank, fsb D/B/A
Interbank, fsb, Maple Grove, Minnesota - Inter Savings Bank, fsb
D/B/A InterBank, fsb, Maple Grove, Minnesota, was closed today by
the Office of the Comptroller of the Currency, which appointed the
Federal Deposit Insurance Corporation as receiver. To protect the
depositors, the FDIC entered into a purchase and assumption
agreement with Great Southern Bank, Reeds Spring, Missouri, to
assume all of the deposits of InterBank, fsb.
www.fdic.gov/news/news/press/2012/pr12048.html
April 27, 2012 - Sonabank, McLean, Virginia, Assumes All of the
Deposits of HarVest Bank of Maryland, Gaithersburg, Maryland -
HarVest Bank of Maryland, Gaithersburg, Maryland, was closed today
by the Maryland Commissioner of Financial Regulation, which
appointed the Federal Deposit Insurance Corporation as receiver. To
protect the depositors, the FDIC entered into a purchase and
assumption agreement with Sonabank, McLean, Virginia, to assume all
of the deposits of HarVest Bank of Maryland.
www.fdic.gov/news/news/press/2012/pr12047.html
April 27, 2012 - FDIC Creates a Deposit Insurance National Bank of
Eastern Shore to Protect Insured Depositors of Bank of the Eastern
Shore, Cambridge, Maryland - Bank of the Eastern Shore, Cambridge,
Maryland was closed today by the Maryland Commissioner of Financial
Regulation, which appointed Federal Deposit Insurance Corporation as
receiver. To protect the depositors, the FDIC created the Deposit
Insurance National Bank of Eastern Shore, which will remain open
until May 25, 2012 to allow depositors access to their insured
deposits and time to open accounts at other insured institutions.
www.fdic.gov/news/news/press/2012/pr12046.html
April 27, 2012 - NCUA Posts New YouTube Economic Update - The
National Credit Union Administration released the latest video in
the agency’s free “YouTube” economic update series today. The April
segment reviews how an improving economy will likely affect credit
unions. The video also details how credit unions can access useful
economic data on NCUA’s website.
www.ncua.gov/News/Pages/NW20120427EconUpdate.aspx
April 27, 2012 - Economic conditions for low- to moderate-income
community show significant improvement - Indicators of economic and
financial conditions in the Tenth Federal Reserve District’s low- to
moderate-income community showed significant improvement during the
first quarter, according to the Federal Reserve Bank of Kansas
City’s quarterly LMI Survey.
www.kc.frb.org/publicat/newsroom/2012pdf/press.release.04.27.12.pdf
April 27, 2012 - FDIC Makes Public March Enforcement Actions; No
Administrative Hearings Scheduled for May 2012 - The Federal Deposit
Insurance Corporation today released a list of orders of
administrative enforcement actions taken against banks and
individuals in March. No administrative hearings are scheduled for
May 2012.
www.fdic.gov/news/news/press/2012/pr12045.html
April 27, 2012 - Credit and Liquidity Programs and the Balance Sheet
- Recent balance sheet trends, weekly chart data update.
www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
April 27, 2012 - Growing Economies in Indian Country: Taking Stock
of Progress and Partnerships - A Summary of Challenges,
Recommendations, and Promising Efforts - The 2011 Growing Economies
in Indian Country.
www.federalreserve.gov/newsevents/conferences/indian-country-publication.htm
April 27, 2012 - The Federal Reserve Board on Friday announced the
appointment of Sharon Mowry as chief information officer and
director of the Division of Information Technology.
www.federalreserve.gov/newsevents/press/other/20120427a.htm
___________________________
April 26, 2012 - Economic Activity Decreased in March - The
Chicago Fed National Activity Index was –0.29 in March, down from
+0.07 in February. - All four broad categories of indicators that
make up the index deteriorated from February, with the production
and income and personal consumption and housing categories both
making a negative contribution to the index in March.
www.chicagofed.org/digital_assets/publications/cfnai/2012/cfnai_april2012.pdf
April 26, 2012 - The St. Louis Fed Household Financial Stability
Project - The Household Financial Stability Project, a new research
initiative of the Federal Reserve Bank of St. Louis, is focused on
rebuilding the household balance sheets of struggling American
families.
www.stlouisfed.org/newsroom/displayNews.cfm?article=1389
April 26, 2012 - Federal Reserve to host conference on ways to
encourage economic growth in Native American communities.
www.federalreserve.gov/newsevents/press/other/20120426a.htm
April 26, 2012 - The Federal Reserve Board, along with the Federal
Reserve Bank of Minneapolis and the Federal Reserve Bank of San
Francisco, will sponsor a nationwide conference next week to explore
ways to encourage economic growth in Native American communities.
www.federalreserve.gov/newsevents/press/other/20120426a.htm
April 26 2012 - NCUA - Matz Opens Registration for Sixth “Listening
Session” July 31 in Denver - Credit Union Officials Invited to
Session Co-Hosted by NCUA Region 5 - National Credit Union
Administration Board Chairman Debbie Matz today opened registration
for her sixth “Listening Session,” which will take place on July 31
from 1:00–4:00 p.m. in Denver.
www.ncua.gov/News/Pages/NW20120426Listen6th.aspx
April 25 2012 - Legal Interpretation - Banking Holding Company Act,
April 24, 2012.
www.federalreserve.gov/bankinforeg/LegalInterpretations/bhc_changeincontrol20120424.pdf
April 25, 2012 - Federal Reserve Board and Federal Open Market
Committee release economic projections from the April 24-25 FOMC
meeting - The Federal Reserve Board and the Federal Open Market
Committee on Wednesday released the attached table and charts
summarizing the economic projections and the target federal funds
rate projections made by Federal Reserve Board members and Federal
Reserve Bank presidents for the April 24-25 meeting of the
Committee.
www.federalreserve.gov/newsevents/press/monetary/20120425b.htm
April 25, 2012 - Federal Reserve issues FOMC statement - Information
received since the Federal Open Market Committee met in March
suggests that the economy has been expanding moderately. Labor
market conditions have improved in recent months; the unemployment
rate has declined but remains elevated.
www.federalreserve.gov/newsevents/press/monetary/20120425a.htm
April 24, 2012 - FDIC and SBA Team Up to Offer Financial Education
Support for New and Aspiring Entrepreneurs - The Federal Deposit
Insurance Corporation and U.S. Small Business Administration today
announced new resources to support small businesses across the
nation.
www.fdic.gov/news/news/press/2012/pr12044.html
April 24, 2012 - Federal Reserve Board issues enforcement actions
and termination of enforcement action.
www.federalreserve.gov/newsevents/press/enforcement/20120424a.htm
April 23, 2012 - NCUA - Regulatory Alert: New Flexibility in Loan
Originator Compensation Rules and Pension Plan Payments.
www.ncua.gov/News/Pages/AllNewsSummary.aspx
April 23, 2012 - Regulatory Reform - Communications with the public
through April 23, 2012.
www.federalreserve.gov/newsevents/reform_meetings.htm
April 20, 2012 - Alma Bank, Astoria, New York, Assumes All of the
Deposits of Fort Lee Federal Savings Bank, FSB, Fort Lee, New Jersey
- Fort Lee Federal Savings Bank, FSB, Fort Lee, New Jersey, was
closed today by the Office of the Comptroller of the Currency, which
appointed the Federal Deposit Insurance Corporation as receiver. To
protect the depositors, the FDIC entered into a purchase and
assumption agreement with Alma Bank, Astoria, New York, to assume
all of the deposits of Fort Lee Federal Savings Bank, FSB.
www.fdic.gov/news/news/press/2012/pr12043.html
April 20, 2012 - OCC Enforcement Actions - The Office of the
Comptroller of the Currency today released new enforcement actions
taken against national banks, federal savings associations, and
individuals currently and formerly affiliated with national banks
and federal savings associations.
www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-66.html
April 20, 2012 - Office of the Comptroller of the Currency Hosts
Workshops in Iowa - The Office of the Comptroller of the Currency
will host workshops for directors of nationally chartered community
banks and federal savings associations in Des Moines, Iowa at the
Renaissance Des Moines Savery Hotel, May 22-23, 2012.
www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-65.html
April 20, 2012 - April Issue of St. Louis Fed’s The Regional
Economist Now Available - The April 2012 issue of The Regional
Economist, the Federal Reserve Bank of St. Louis’ quarterly review
of business and economic conditions, is now available. The full
issue can be accessed online.
www.stlouisfed.org/newsroom/displayNews.cfm?article=1382
April 20, 2012 - St. Louis Fed Volunteers and Fred the Frugal Eagle
Teach Area Children to Save.
www.stlouisfed.org/newsroom/displayNews.cfm?article=1381
April 20 2012 - Credit and Liquidity Programs and the Balance Sheet
- Recent balance sheet trends, weekly chart data update.
www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
April 20, 2012 - Credit and Liquidity Programs and the Balance
Sheet, April 2012.
www.federalreserve.gov/files/monthlyclbsreport201204.pdf
April 20, 2012 - The Federal Reserve Board on Friday announced the
formation of the Model Validation Council, which will provide the
Federal Reserve with expert and independent advice on its process to
rigorously assess the models used in stress tests of banking
institutions. In addition, the Federal Reserve announced it will
host a two-day symposium to discuss best practices in stress
testing.
Press Release:
www.federalreserve.gov/newsevents/press/bcreg/20120420a.htm
Press Release:
www.fdic.gov/news/news/press/2012/pr12042.html
______________________________
April 19, 2012 - A different way to review the Chicago Fed
National Activity Index - by Scott Brave, senior business economist,
and Max Lichtenstein, senior associate economist This article
analyzes the recent sources of strength and weakness in the Chicago
Fed National Activity Index, using a new measure that is often a
leading indicator of the index’s movements.
www.chicagofed.org/digital_assets/publications/chicago_fed_letter/2012/cflmay2012_298.pdf
April 19, 2012 - Comptroller Curry Discusses Mortgage Lending -
Comptroller of the Currency Thomas J. Curry today discussed mortgage
lending and challenges facing mortgage lending to minority
communities in particular during his speech before a conference on
reviving home ownership in Los Angeles.
www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-63.html
April 19, 2012 - Hamm-Niebruegge Joins St. Louis Fed’s
Transportation Industry Council - Rhonda Hamm-Niebruegge, director
of airports at Lambert International Airport, St. Louis, Mo., has
been named to the Transportation Industry Council of the Federal
Reserve Bank of St. Louis.
www.stlouisfed.org/newsroom/displayNews.cfm?article=1378
April 19 2012 - Volcker Rule Conformance Period Clarified - The
Federal Reserve Board on Thursday announced its approval of a
statement clarifying that an entity covered by section 619 of the
Dodd-Frank Wall Street Reform and Consumer Protection Act, or the
so-called Volcker Rule, has the full two-year period provided by the
statute to fully conform its activities and investments, unless the
Board extends the conformance period.
Press Release:
www.federalreserve.gov/newsevents/press/bcreg/20120419a.htm
Press Release:
www.fdic.gov/news/news/press/2012/pr12041.html
Press Release:
www.occ.gov/news-issuances/news-releases/2012/nr-ia-2012-64.html
April 19, 2012 - Federal Reserve Board announces termination of
enforcement action against Citizens Republic Bancorp, Inc. and
Citizens Bank.
www.federalreserve.gov/newsevents/press/enforcement/20120419a.htm
April 18, 2012 - Manufacturing as Destiny, Part II - By Bill Testa -
During a recent visit and tour of Racine, Wisconsin, and vicinity, I
was reminded of the difficult challenges that face older
manufacturing-oriented cities. It would be tough to find a place as
steeped in manufacturing as the Racine area.
http://midwest.chicagofedblogs.org/archives/2012/04/diversifying_mf.html
April 18, 2012 - NCUA - Ninichuk Named Deputy Director of the Office
of Small Credit Union Initiatives - National Credit Union
Administration Board Chairman Debbie Matz today announced the
appointment of Martha J. Ninichuk as Deputy Director of the Office
of Small Credit Union Initiatives Ninichuk assumes her new duties
April 22.
www.ncua.gov/News/Pages/NW20120418NinichukOSCUIDeputy.aspx
April 17, 2012 - Comptroller Curry Discusses Lending at Small
Business Lending Summit - Comptroller of the Currency Thomas J.
Curry today discussed challenges facing small businesses at the
Small Business Lending Summit in Washington, D.C.
www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-62.html
April 17, 2012 - Office of the Comptroller of the Currency
Recognizes Financial Capability Month at Capitol Hill Event - The
Office of the Comptroller of the Currency recognized Financial
Capability Month by participating in the annual Financial Literacy
Day on Capitol Hill.
www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-61.html
April 17, 2012 - FDIC Statement on CFPB Bulletin 2012-02: Payments
to Loan Originators Based on Mortgage Transaction Terms or
Conditions under Regulation Z - The Consumer Financial Protection
Bureau (CFPB) issued Bulletin 2012-02 on April 2, 2012, to provide
additional guidance on permissible forms of compensation to loan
originators under the Truth in Lending Act - Regulation Z's
Compensation Rules (12 C.F.R. § 1026.36).
www.fdic.gov/news/news/financial/2012/fil12020.html
April 17, 2012 - Statistical Release - G.17 Industrial Production.
www.federalreserve.gov/releases/g17/default.htm
April 16, 2012 - NCUA - Matz Opens Registration for Fifth “Listening
Session” July 10 in San Diego - Credit Union Officials Invited to
Session Co-Hosted by NCUA Region 2 - -National Credit Union
Administration Board Chairman Debbie Matz today opened registration
for her fifth “Listening Session,” which will take place on July 10
from 1:00–4:00 p.m. at the Westin Hotel in San Diego.
www.ncua.gov/News/Pages/NW20120416Listen5th.aspx
April 16, 2012 - The National Credit Union Administration (NCUA)
issued an order prohibiting the following individual from
participating in the affairs of any federally insured financial
institution:
www.ncua.gov/News/Pages/NW20120416ProhibitionVincent.aspx
April 16, 2012 - St. Louis Fed’s Bullard Discusses Inflation
Targets, the Dual Mandate, Hawks, Doves and Bubbles.
www.stlouisfed.org/newsroom/displayNews.cfm?article=1373
April 16 2012 - Thomas M. Hoenig and Jeremiah O. Norton Join FDIC
Board - Thomas M. Hoenig and Jeremiah O. Norton were sworn in today
as members of the Board of Directors of the Federal Deposit
Insurance Corporation.
www.fdic.gov/news/news/press/2012/pr12040.html
April 16, 2012 - CPSS and IOSCO issue final Report on Principles for
Financial Market Infrastructures and seek comment on two
consultative documents.
www.federalreserve.gov/newsevents/press/other/20120416a.htm
April 16, 2012 - Federal Reserve Board issues a consent cease and
desist order and civil money penalty against the Bank of New York
Mellon.
www.federalreserve.gov/newsevents/press/enforcement/20120416a.htm
April 13, 2012 - Princeton Author and Savings Expert Sheldon Garon
To Speak At St. Louis Fed on “The New American Challenge: Learning
To Save To Build Wealth” Princeton Author and Savings Expert Sheldon
Garon To Speak At St. Louis Fed on “The New American Challenge:
Learning To Save To Build Wealth.”
www.stlouisfed.org/newsroom/displayNews.cfm?article=1372
April 13, 2012 - Inactive Supervisory Guidance.
www.federalreserve.gov/bankinforeg/srletters/sr1206.pdf
April 13, 2012 - Credit and Liquidity Programs and the Balance Sheet
- Recent balance sheet trends, weekly chart data update.
www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
April 13, 2012 - Chairman Ben S. Bernanke - Some Reflections on the
Crisis and the Policy Response - At the Russell Sage Foundation and
The Century Foundation Conference on "Rethinking Finance," New York,
New York
www.federalreserve.gov/newsevents/speech/bernanke20120413a.htm
________________________
April 12, 2012 - Office of the Comptroller of the Currency Hosts
Workshop in Georgia - The Office of the Comptroller of the Currency
will host a workshop for directors of nationally chartered community
banks and federal savings associations in Atlanta, Georgia, at the
Westin Peachtree Plaza, May 14-16, 2012.
www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-60.html
April 12, 2012 - OCC Releases CRA Evaluations for 28 National Banks
and Federal Savings Associations - The Office of the Comptroller of
the Currency today released a list of Community Reinvestment Act
performance evaluations that became public during the period of
March 15, 2012 through April 14, 2012.
www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-59.html
April 12, 2012 - Governor Sarah Bloom Raskin - Downturns and
Recoveries: What the Economies in Los Angeles and the United States
Tell Us - At the Federal Reserve Bank of San Francisco Business and
Community Leaders Luncheon, Los Angeles, California
www.federalreserve.gov/newsevents/speech/raskin20120411a.htm
April 12, 2012 - Federal Reserve Board issues enforcement actions
against NCAL Bancorp and Raton Capital Corporation.
www.federalreserve.gov/newsevents/press/enforcement/20120412a.htm
April 12 2012 - NCUA - Matz Opens Registration for Fourth “Listening
Session” June 12 in Orlando - Credit Union Officials Invited to
Session Co-Hosted by NCUA Region 3 - National Credit Union
Administration Board Chairman Debbie Matz today opened registration
for her fourth “Listening Session,” which will take place on June 12
from 1:00–4:00 p.m. at the Rosen Centre Hotel in Orlando.
www.ncua.gov/News/Pages/NW20120412FourthListeningSession.aspx
April 11, 2012 - Midwest Economic Conditions - Midwest Economic
Conditions - In a recent blog posting, Chicago Fed economists Scott
Brave and Norman Wang summarize economic conditions in the Midwest
according to the latest release of the Beige Book.
http://midwest.chicagofedblogs.org/archives/2012/04/seventh_distric_4.html
April 11 2012 - NCUA Unveils “Pocket Cents,” a New Financial
Literacy Website for Kids.
www.ncua.gov/News/Pages/NW20120411PocketCents.aspx
April 11, 2012 - Federal Reserve Releases April Beige Book and
Related Sound. Clip
www.stlouisfed.org/newsroom/displayNews.cfm?article=1361
April 11, 2012 - Beige Book - Informal review by the Federal Reserve
Banks of current economic conditions in their Districts.
www.federalreserve.gov/monetarypolicy/beigebook/default.htm
April 10, 2012 - NCUA - The April 2012 issue of the NCUA Report is
now available.
www.ncua.gov/News/NewsLtrs/Pages/default.aspx
April 10, 2012 - St. Louis Fed President James Bullard Will Speak at
George Eccles Memorial Lecture.
www.stlouisfed.org/newsroom/displayNews.cfm?article=1365
April 10, 2012 - 2012 Homer Jones Memorial Lecture: - Mohamed A. El-Erian.
www.stlouisfed.org/newsroom/multimedia/video/20120411-Homer-Jones-Live.cfm
April 10 2012 - Governor Daniel K. Tarullo - Developing Tools for
Dynamic Capital Supervision - At the Federal Reserve Bank of Chicago
Annual Risk Conference, Chicago, Illinois.
www.federalreserve.gov/newsevents/speech/tarullo20120410a.htm
April 10, 2012 - The Federal Reserve Board on Tuesday released the
minutes of its discount rate meetings from February 6 through March
12, 2012.
www.federalreserve.gov/newsevents/press/monetary/20120410a.htm
April 10, 2012 - The Federal Reserve Board on Tuesday announced the
issuance of a Final Decision and a Cease and Desist Order against
Louis A. DeNaples, an institution-affiliated party of First National
Community Bancorp, Dunmore, Pennsylvania, and Urban Financial Group,
Inc., Bridgeport, Connecticut.
www.federalreserve.gov/newsevents/press/enforcement/20120410a.htm
April 9, 2012 - Thomas J. Curry Takes Office as the 30th Comptroller
of the Currency - Thomas J. Curry today took office as the 30th
Comptroller of the Currency, following confirmation by the U.S.
Senate on March 29, 2012.
www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-58.html
April 9, 2012 - Peak and Average Daylight Overdrafts and Related
Fees, Peak Daylight Overdrafts, and Average Daylight Overdrafts,
quarterly updates.
www.federalreserve.gov/whatsnew.htm
April 9, 2012 - The Federal Reserve Board will be involved in many
rulemakings to implement the Dodd-Frank Wall Street Reform and
Consumer Protection Act of 2010.
www.federalreserve.gov/newsevents/reform_meetings.htm
April 6, 2012 - Chicago's Economic Recovery - In a recent blog
posting, Chicago Fed economist William Testa provides insights into
the structure and outlook for Chicago's Economy.
http://midwest.chicagofedblogs.org/archives/2012/04/chicago_then_an.html
April 6, 2012 - Statistical Release G.19 Consumer Credit.
www.federalreserve.gov/releases/g19/current/default.htm
April 6, 2012 - Credit and Liquidity Programs and the Balance Sheet
- Recent balance sheet trends, weekly chart data update.
www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
__________________________
April 5, 2012 - OCC Issues Cease and Desist Order Against
Citibank, N.A. - The Office of the Comptroller of the Currency today
issued a cease and desist order against Citibank, N.A., Sioux Falls,
South Dakota, for violating the Bank Secrecy Act and its underlying
regulations.
www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-57.html
April 5, 2012 - St. Louis Fed’s Bullard Discusses Monetary Policy,
U.S. Economy, Output Gap and Housing - Federal Reserve Bank of St.
Louis President James Bullard discussed “The U.S. Monetary Policy
Outlook” on Thursday during the 13th Annual InvestMidwest Venture
Capital Forum.
www.stlouisfed.org/newsroom/displayNews.cfm?article=1355
April 5, 2012 - FDIC Issues List of Banks Examined for CRA
Compliance - The Federal Deposit Insurance Corporation today issued
its list of state nonmember banks recently evaluated for compliance
with the Community Reinvestment Act.
www.fdic.gov/news/news/press/2012/pr12039.html
April 5, 2012 - The Federal Reserve Board on Thursday announced the
approval of a final rule to simplify the administration of reserve
requirements and reduce administrative and operational costs for
depository institutions and Federal Reserve Banks. The rule does not
affect the stance of monetary policy.
www.federalreserve.gov/newsevents/press/other/20120405a.htm
April 5, 2012 - The Federal Reserve Board on Thursday released a
policy statement reiterating that statutes and Federal Reserve
regulations permit rental of residential properties acquired in
foreclosure as part of an orderly disposition strategy. The
statement also outlines supervisory expectations for residential
rental activities.
Press Release:
www.federalreserve.gov/newsevents/press/bcreg/20120405a.htm
Press Release:
www.fdic.gov/news/news/financial/2012/fil12018.html
April 5, 2012 - NCUA Announces Two New Senior Leaders - Ronnie
Levine to Join NCUA as Chief Information Officer and Tim Segerson
Promoted to Deputy Director, Office of Examination and Insurance -
National Credit Union Administration Board Chairman Debbie Matz
today announced two senior personnel changes to take effect in
April:
www.ncua.gov/News/Pages/NW20120405NewLeaders.aspx
April 5, 2012 - NCUA Board Cancels April Open Meeting - The National
Credit Union Administration Board agreed to cancel the open meeting
previously scheduled for April 12.
www.ncua.gov/News/Pages/NW20120405BdMtg.aspx
April 4, 2012 - *Media Advisory* Mohamed A. El-Erian to Present the
2012 Homer Jones Memorial Lecture.
www.stlouisfed.org/newsroom/displayNews.cfm?article=1353
April 4, 2012 - Video - Independent Foreclosure Review process
webinar training for housing counselors.
www.federalreserve.gov/consumerinfo/housing-counselors-webinar.htm
April 3, 2012 - Federal Reserve Board announces termination of
enforcement action against First Bancshares.
www.federalreserve.gov/newsevents/press/enforcement/20120403a.htm
April 3, 2012 - The Federal Reserve Board and the Federal Open
Market Committee on Tuesday released the attached minutes of the
Committee meeting held on March 13, 2012.
www.federalreserve.gov/newsevents/press/monetary/20120403a.htm
April 3, 2012 - The Federal Reserve Board on Tuesday announced a
Consent Order against Morgan Stanley to address a pattern of
misconduct and negligence in residential mortgage loan servicing and
foreclosure processing at its subsidiary, Saxon Mortgage Services,
Inc.
www.federalreserve.gov/newsevents/press/enforcement/20120403b.htm
April 2, 2012 - A Different Way to Review the Chicago Fed National
Activity Index - Chicago Fed Letter analyzes the recent sources of
strength and weakness in the CFNAI, using a new measure that is
often a leading indicator of the index’s movements.
www.chicagofed.org/digital_assets/publications/chicago_fed_letter/2012/cflmay2012_298.pdf
April 2, 2012 - NCUA - Matz Opens Registration for Third “Listening
Session” June 5 in St. Louis - Credit Union Officials Invited to
Session Co-Hosted by NCUA Region 4 - National Credit Union
Administration (NCUA) Board Chairman Debbie Matz today opened
registration for her third “Listening Session,” which will take
place on June 5 from 1:00–4:00 p.m. at the Hilton St. Louis on 1
South Broadway.
www.ncua.gov/News/Pages/NW20120402Listen3rd.aspx
April 2, 2012 - St. Louis Fed’s Bullard Discusses Global Output Gaps
- Federal Reserve Bank of St. Louis President James Bullard
presented remarks titled “Global Output Gaps: Wave of the Future?”
on March 28 at the “Monetary Policy in a Global Setting: China and
the United States” conference, which was organized by the St. Louis
Fed and Beijing’s Tsinghua University.
www.stlouisfed.org/newsroom/displayNews.cfm?article=1348
April 2, 2012 - Regulatory Reform - Communications with the public
through April 2, 2012.
www.federalreserve.gov/newsevents/reform_meetings.htm
April 2, 2012 - Legal Interpretation - Bank Holding Company Act,
March 30, 2012 - Letter to David Nason granting temporary relief
from and other modifications related to the Board's regulatory
reporting requirements for savings and loan holding companies to
General Electric Company, Fairfield, Connecticut.
www.federalreserve.gov/bankinforeg/LegalInterpretations/bhc_changeincontrol2012.htm
April 2, 2012 - Report to the Congress - Office of Minority and
Women Inclusion.
www.federalreserve.gov/publications/other-reports/default.htm
April 2, 2012 - The Federal Reserve Board on Monday requested
comment on a proposed amendment to the Board's Notice of Proposed
Rulemaking issued February 11, 2011, to establish requirements for
determining whether a company is "predominantly engaged in financial
activities."
www.federalreserve.gov/newsevents/press/bcreg/20120402a.htm
April 2, 2012 - Federal Reserve Board issues consent cease and
desist order, and assesses civil money penalty against Banco
Espírito Santo S.A. and its U.S. affiliate, Espírito Santo e
Comercial de Lisboa, Inc.
www.federalreserve.gov/newsevents/press/enforcement/20120402a.htm
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