In a two-part speech delivered Tuesday night and Wednesday morning, Fed Vice Chair Philip Jefferson delved into the history of the discount window, an arc that saw the facility transform from a ...
My thoughts are with the people and communities affected. For our part, the Federal Reserve and other federal and state financial regulatory agencies are working with banks and credit unions in the ...
12:30 PM Fed's Jefferson: "The Discount Window, 1990-Present" Federal Reserve Vice Chair Philip Jefferson speaks on "The Discount Window, 1990-Present" before a Charlotte Economics Club Lunch.
US regulators are preparing to introduce a plan to require that banks tap the US Federal Reserve’s (Fed) discount window at least once a year to reduce the stigma and ensure lenders are ready ...
NEW YORK (Reuters) - Federal Reserve Bank of Dallas President Lorie Logan said Monday she sees more rate cuts ahead for the central bank and suggested she sees no reasons why the Fed can’t also press ...
On Friday, Logan also said banks should make sure they have diverse sources of funding and emphasized that the Fed’s emergency lending facility, the discount window, should be part of that.
California BanCorp (“us,” “we,” “our,” or the “Company”) (NASDAQ: BCAL), the holding company for California Bank of Commerce, N.A. (the “Bank”) announces its consolidated financial results for the ...
Banks have favored the low-regulation vision of former President Donald Trump in the 2024 election, but his victory could ...
The essence of the Fed's balance sheet is quite simple: anything the Fed must pay money for becomes the Fed's asset.
Third quarter 2024 net income of $61.3 million, decreased 25% compared to third quarter of 2023 and decreased 20% compared to the second quarter 2024, reflecting ...