Eleven banks will deposit $30bn into regional lender First Republic Bank, which has suffered credit downgrades and stock price declines in recent days.
March 17, 2023Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo are asked to submit their responses by 31 July 2023.
January 24, 2023The Federal Reserve has also outlined plans to shrink its USD 9 trillion balance sheet in phases, starting in June.
May 5, 2022Fed policymakers and senior staff will be limited to purchasing diversified investment vehicles, such as mutual funds.
October 23, 2021Indian finance minister Nirmala Sitharaman and US treasury secretary Janet Yellen also pledged to further engage on climate change.
October 20, 2021The Office of Inspector General will conduct an independent review to determine whether Fed officials violated ethics rules and the law.
October 6, 2021Financial disclosures filed by senior Fed officials showed multiple stock trades in 2020 worth millions of dollars, raising concerns over conflicts of interest.
September 20, 2021A presidential working group which includes the chairmen of the SEC, CFTC and Fed has recommended changes to US listing rules to require access to companies' audit papers.
August 8, 2020Banks that present less risk, including foreign banks, will have reduced requirements. An idea to subject US branches of foreign banks to new liquidity requirements has also been dropped.
October 14, 2019The revisions continue to prohibit proprietary trading, while providing greater clarity and certainty for activities allowed under the law.
October 10, 2019