Category: Business » Banking
Employment: Some good news, some bad news
3 Feb 04:13 | Business
Some industries that were particularly hard hit by the recession are starting to regain some footing, if slowly. Macroblog looks at recent employment data to assess the uneven progress of industries across the employment sector.read more »
Choques Desequilibram a Economia Global
3 Feb 04:13 | Business
EconSouth, Fourth Quarter 2011. (PDF) read more »
Agencies issue guidance on junior lien loan loss allowances
31 Jan 19:36 | Business
Agencies issue guidance on junior lien loan loss allowancesread more »
Federal Reserve Board issues enforcement actions with Bank of Bartlett and Capitol City Bancshares, Inc.
31 Jan 13:04 | Business
Federal Reserve Board issues enforcement actions with Bank of Bartlett and Capitol City Bancshares, Inc.read more »
Reserve Banks Return $77 Billion to U.S. Treasury
31 Jan 10:25 | Business
Financial Update, Volume 25, Number 1. In 2011, the Federal Reserve System transferred 76.9 billion to the U.S. Treasury. This revenue represents most of the Reserve Banks' net income and came from a number of sources.read more »
Consumer Credit Up Sharply in Late 2011
31 Jan 10:25 | Business
Financial Update, Volume 25, Number 1. Among reports of easing consumer credit standards, consumer credit outstanding grew late last year, according to recent data from the Federal Reserve. The increase was buoyed primarily by an increase in student and credit card loans.read more »
H41: Revaluation of the net portfolio holdings of Maiden Lane LLCs and the TALF fair value adjustment
27 Jan 14:34 | Business
The weekly average values, shown in table 1, reflect the December 31, 2011, quarterly updates to the fair values of the net portfolio holdings of Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC, and the fair value adjustment of the Term Asset-Backed Securities Loan Facility, or TALF, which is included in "Other Federal Reserve assets." The amounts for the first six days of this reporting week are based on the values as of September 30, 2011, and the amounts for the last day of the reporting week are based on the values as of December 31, 2011. read more »
Federal Reserve Chairman to deliver lecture series to college students
26 Jan 16:04 | Business
Federal Reserve Chairman to deliver lecture series to college studentsread more »
Banks More Likely To Act On Common Information: Study
26 Jan 12:42 | Business
A new study has found lenders to distressed firms have strong incentives to coordinate their actions. read more »
Federal Reserve issues FOMC statement of longer-run goals and policy strategy
25 Jan 14:34 | Business
Federal Reserve issues FOMC statement of longer-run goals and policy strategyread more »
Federal Reserve issues FOMC statement
25 Jan 14:34 | Business
Federal Reserve issues FOMC statementread more »
Federal Reserve Board and Federal Open Market Committee release economic projections from the January 24-25 FOMC meeting
25 Jan 14:34 | Business
Federal Reserve Board and Federal Open Market Committee release economic projections from the January 24-25 FOMC meetingread more »
Making the Case for a Low Intertemporal Elasticity of Substitution
23 Jan 2012 | Business
R. Anton Braun and Tomoyuki Nakajima. Working Paper 2012-1 (January. The responsiveness of consumption growth to changes in expected interest rates plays a central role in dynamic decision making. The authors provide some new evidence that this elasticity is small.read more »
Federal Reserve releases templates for reporting FOMC participants' projections of the appropriate target federal funds rate
20 Jan 2012 | Business
Federal Reserve releases templates for reporting FOMC participants' projections of the appropriate target federal funds rateread more »
H6: Money Stock Revisions
20 Jan 2012 | Business
The Federal Reserve has revised the measures of the money stock and its components to incorporate the results of the Federal Reserve's annual review of seasonal factors and a new quarterly benchmark. This release includes revised monthly and weekly seasonal factors as well as comparisons of the revised monetary aggregates with previously published data. The revisions to the seasonal factors resulted in a higher growth rate for seasonally adjusted M2 in the first half of 2011 and a lower growth rate for seasonally adjusted M2 in the second half. The benchmark incorporates minor revisions to data reported in the weekly and quarterly deposit reports, and it takes account of deposit data from Call Reports for banks and thrift institutions that are not weekly or quarterly deposit reporters. These revisions to deposit data start in 2002. In addition, this release incorporates data from Call Reports on the amount of small-denomination time deposits held in individual retirement accounts (IRAsread more »
Federal Reserve Board issues enforcement action with Tennessee Central Bancshares
19 Jan 2012 | Business
Federal Reserve Board issues enforcement action with Tennessee Central Bancsharesread more »
G17: G.17 Data for December 2011 are now available
18 Jan 2012 | Business
Industrial production and capacity utilization data for December 2011 are now available.Industrial production increased 0.4 percent in December after having fallen 0.3 percent in November. For the fourth quarter as a whole, industrial production rose at an annual rate of 3.1 percent, its 10th consecutive quarterly gain. In the manufacturing sector, output advanced 0.9 percent in December with similarly sized gains for both durables and nondurables. The output of utilities fell 2.7 percent, as unseasonably warm weather reduced the demand for heating; the output of mines moved up 0.3 percent. At 95.3 percent of its 2007 average, total industrial production in December was 2.9 percent above its level of a year earlier. The capacity utilization rate for total industry rose to 78.1 percent, a rate 2.3 percentage points below its long-run (1972--2010) average.read more »
G17: G.17 Annual Revision
18 Jan 2012 | Business
The Federal Reserve Board plans to issue an annual revision to the index of industrial production (IP) and the related measures of capacity utilization on March 30, 2012.read more »
Federal Reserve Board issues enforcement action with Southwest Florida Community Bancorp, Inc.
17 Jan 2012 | Business
Federal Reserve Board issues enforcement action with Southwest Florida Community Bancorp, Inc. read more »
Federal Reserve Board announces appointment of Jon Faust as special adviser in the Office of Board Members
13 Jan 2012 | Business
Federal Reserve Board announces appointment of Jon Faust as special adviser in the Office of Board Membersread more »
Regional economy expands in late 2011
11 Jan 2012 | Business
The Atlanta Fed gathered anecdotal information that showed modest economic expansion in late 2011. But uncertainty about firms' hiring plans in 2012 has restrained predictions of a recovery with much momentum. SouthPoint looks at the recently released Beige Book reports.read more »
Data Digest reports slow, steady growth in Southeast economy
11 Jan 2012 | Business
The Atlanta Fed's monthly Data Digest reports the Southeast economy achieved steady growth in November. Manufacturing activity, consumer sentiment, and housing improved in some states, but employment has yet to make a comeback.read more »
Atlanta Fed Recognizes Three Employees with President's Award
11 Jan 2012 | Business
The President's Award recognizes Sixth Federal Reserve District employees who have distinguished themselves by their outstanding performance.read more »
Atlanta Fed publishes working paper reviewing chip-and-PIN successes and failures
11 Jan 2012 | Business
While payment cards in much of the world are chip- enabled, U.S. cards continue to depend on magnetic-stripe technology. The Retail Payments Risk Forum's Douglas King, a payments risk expert, has published a working paper exploring the experiences of several countries that have moved away from the magnetic stripe.read more »
Federal Reserve announces results of auction of $3 billion in 28-day term deposits held on January 9, 2012
10 Jan 2012 | Business
Federal Reserve announces results of auction of $3 billion in 28-day term deposits held on January 9, 2012read more »
Minutes of Board discount rate meetings from November 21 through December 12, 2011
10 Jan 2012 | Business
Minutes of Board discount rate meetings from November 21 through December 12, 2011read more »
Reserve Bank income and expense data and transfers to the Treasury for 2011
10 Jan 2012 | Business
Reserve Bank income and expense data and transfers to the Treasury for 2011read more »
Federal Reserve Board issues enforcement action with Gold Canyon Bank
10 Jan 2012 | Business
Federal Reserve Board issues enforcement action with Gold Canyon Bankread more »
In the interest of precision
6 Jan 2012 | Business
Members of the Federal Open Market Committee will soon begin disclosing more information about the economic projections used in the formulation of monetary policy. Macroblog discusses how this information might be perceived--and how it should not be perceived.read more »
More on the Sixth District's exposure to Europe
6 Jan 2012 | Business
It's a small world, after all—and if Europe's financial crisis deepens, how severely might the Southeast be affected? SouthPoint examines some possibilities and the region's economic ties to the continent.read more »
Federal Reserve offers $3 billion in 28-day term deposits through its Term Deposit Facility
4 Jan 2012 | Business
Federal Reserve offers $3 billion in 28-day term deposits through its Term Deposit Facilityread more »
Happy new year
4 Jan 2012 | Business
The Southeast economy made some progress over the past year, but it still faces challenges. Surveying the new issue of EconSouth magazine, SouthPoint looks back at 2011 and what may lie ahead for 2012.read more »
Minutes of the Federal Open Market Committee, November 28 and December 13, 2011
3 Jan 2012 | Business
Minutes of the Federal Open Market Committee, November 28 and December 13, 2011read more »
G19: Table style refresh now available for Consumer Credit--G.19 (no data changes)
31 Dec 2011 | Business
On December 30, 2011, G.19 users will notice an updated style and layout. The new style does not change any previously published G.19 data. It will also be easier for users to create and retrieve interactive charts of data series included in G.19. The charts can be saved in PDF format or in PNG (image file) format. http://www.federalreserve.gov/releases/g19/current/default.htmread more »
Board Proposes Steps to Strengthen Regulation of Big Banks
28 Dec 2011 | Business
Financial Update - Volume 24, Number 4. The Fed has proposed strengthening regulation and supervision of large bank holding companies and systemically important nonbank financial firms. The proposals address issues of capital, liquidity, credit exposure, stress testing, risk management, and early remediation requirements.read more »
Atlanta Fed's Lockhart Shares Views on Economy, Risks in 2012
28 Dec 2011 | Business
Financial Update - Volume 24, Number 4. The U.S. economy should grow moderately in 2012, but that forecast is subject to risk from Europe, said Atlanta Fed President Dennis Lockhart during a recent speech. In his outlook for the upcoming year, he said he expects 'decently behaved' inflation and continuing progress on unemployment.read more »
The Southeast Struggles to Recover
28 Dec 2011 | Business
EconSouth, Fourth Quarter 2011. Economic recovery in the Southeast in 2011 fell somewhere between sluggish and fitful. For every bright spot, numerous drags on progress remain. Fourth quarter EconSouth asks, will the region begin to regain the dynamism in 2012 that was once its economic hallmark?read more »
Agencies extend comment period on Volcker Rule proposal
27 Dec 2011 | Business
Agencies extend comment period on Volcker Rule proposalread more »
Federal Reserve Board issues enforcement action with First St. Charles Bancshares
27 Dec 2011 | Business
Federal Reserve Board issues enforcement action with First St. Charles Bancsharesread more »
Federal Reserve Board statement on approval of application by The PNC Financial Services Group and PNC Bancorp
23 Dec 2011 | Business
Federal Reserve Board statement on approval of application by The PNC Financial Services Group and PNC Bancorp read more »
Federal Reserve Board issues final notice for a two-year phase-in period for most savings and loan holding companies to file Federal Reserve regulatory reports
23 Dec 2011 | Business
Federal Reserve Board issues final notice for a two-year phase-in period for most savings and loan holding companies to file Federal Reserve regulatory reportsread more »
Fed Gov. Tarullo Describes Goals of Dodd-Frank Implementation
23 Dec 2011 | Business
Financial Update, Volume 24, Number 4. During recent congressional testimony, Fed Governor Daniel Tarullo described the progress made implementing the Dodd-Frank act, although he cautioned lawmakers that much work lies ahead for the agencies involved in the law's implementation.read more »
Agencies Release Annual CRA Adjustments
23 Dec 2011 | Business
Financial Update, Volume 24, Number 4. Recently, the federal bank regulatory agencies announced the annual adjustment to the asset-size standards used to determine how small and medium-sized financial institutions are examined with regard to the Community Reinvestment Act.read more »
Federal Reserve Board issues enforcement actions with Bank of Hampton Roads and State Bank and Trust Company
22 Dec 2011 | Business
Federal Reserve Board issues enforcement actions with Bank of Hampton Roads and State Bank and Trust Companyread more »
Chaney Appointed and Robinson Reappointed to the Federal Reserve Bank of Atlanta's New Orleans Branch Board of Directors
22 Dec 2011 | Business
Carl J. Chaney, president and chief executive officer of Hancock Holding Co., the parent company of Hancock Bank, Gulfport, Miss., and Whitney Bank, New Orleans, La., has been appointed and T. Lee Robinson Jr., president of Overseas Hardwoods Company Inc. in Mobile, Ala., has been reappointed to the board of directors.read more »
Federal Reserve Bank of Atlanta Names Board Members
22 Dec 2011 | Business
William H. Rogers, Jr. was elected to a three- year term on the Atlanta Fed's board of directors. Renee Lewis Glover was reelected.read more »
Mauldin and Stanton Reappointed to the Federal Reserve Bank of Atlanta's Birmingham Brnach Board of Directors
22 Dec 2011 | Business
Macke B. Mauldin, president of Bank Independent, in Sheffield, Ala., and Thomas R. Stanton, chief executive officer and chairman of the board of ADTRAN Inc., in Huntsville, Ala., have been reappointed to the board of directors of the Federal Reserve Bank of Atlanta's Birmingham Branch.read more »
Hurley, Bacardi, and Lang Appointed to the Federal Reserve Bank of Atlanta's Miami Branch Board of Directors
22 Dec 2011 | Business
Thomas W. Hurley, chairman and chief executive officer, Becker Holding Corp., Vero Beach, Fla., Facundo L. Bacardi, chairman of the board, Bacardi Limited, Coral Gables, Fla., and Carol C. Lang, president, HealthLink Enterprises Inc, Miami Beach, Fla., have been appointed to the board of directors of the Federal Reserve Bank of Atlanta's Miami Branch.read more »
McWilliams Appointed to Nashville Branch Board of Directors
22 Dec 2011 | Business
Scott McWilliams, executive chairman of the board, Ozburn-Hessey Logistics (OHL) LLC, Brentwood, Tenn., has been appointed to the board of directors of the Federal Reserve Bank of Atlanta's Nashville Branch.read more »
ECB Loans $639 Billion to Hundreds of European Banks
21 Dec 2011 | World
The European Central Bank loaned euro489 billion ($639 billion) to hundreds of banks for three years, an unusually large amount of time, in an attempt to bolster a crumbling financial system that has been weakened by mounting government debt.read more »
