June 15 2012

NY Fed Ends AIG’s Bad Asset Sale

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Fed announced the sale of AIG’s remaining $1.9 billion bad assets to Merrill Lynch Pierce Fenner & Smith Incorporated, a unit of BAC.

NY Fed Ends AIG’s Bad Asset Sale

June 15 2012

NY Fed: Manufacturing growth slowest since November 2011

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A gauge of manufacturing in New York state fell sharply in June to its lowest level since November 2011 but still showed growth, the New York Federal Reserve said in a report on Friday. The New York Fed’s …

NY Fed: Manufacturing growth slowest since November 2011

June 15 2012

Instant View: NY Fed manufacturing growth slowed in June

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A gauge of manufacturing in New York state fell sharply in June but still showed growth, the New York Federal Reserve said in a report on Friday. COMMENTS: JUSTIN HOOGENDOORN, FIXED INCOME STRATEGIST, …

Instant View: NY Fed manufacturing growth slowed in June

June 15 2012

NY Fed manufacturing growth slowed in June

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A gauge of manufacturing in New York state fell sharply in June but still showed growth, the New York Federal Reserve said in a report on Friday. The New York Fed’s “Empire State” general business …

NY Fed manufacturing growth slowed in June

June 14 2012

NY Fed says AIG, Bear Stearns bailout funds repaid

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The Federal Reserve Bank of New York said Thursday that loans it set up to help facilitate the bailouts of American International Group Inc., and now defunct investment bank Bear Stearns during the financial …

NY Fed says AIG, Bear Stearns bailout funds repaid

June 07 2012

Bernanke: Up to Congress to fix Dimon-NY Fed conflict

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Federal Reserve Chairman Ben Bernanke said on Thursday it is up to Congress to address any conflict of interest created by having JPMorgan CEO Jamie Dimon on the board of the New York Fed, which regulates …

Bernanke: Up to Congress to fix Dimon-NY Fed conflict

April 16 2012

Fed fines Bank of NY Mellon $6 million

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WASHINGTON (MarketWatch) — The Federal Reserve on Monday fined Bank of New York Mellon $6 million for allegedly putting up ineligible collateral when it borrowed money under one of the central bank’s …

Fed fines Bank of NY Mellon $6 million

April 04 2012

Fed earned about $86 billion on holdings in 2011: NY Fed

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The U.S. Federal Reserve earned about $86 billion of income before expenses from its system open market operations in 2011 and remitted about $75 billion of those earnings to the Treasury last year, the …

Fed earned about $86 billion on holdings in 2011: NY Fed

March 29 2012

Swaps with foreign central banks total $1.802 billion: NY Fed

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The Federal Reserve provided $1.802 billion in liquidity to foreign central banks this week, the New York Fed said on Thursday. The European Central Bank was the sole institution to tap the swap lines …

Swaps with foreign central banks total $1.802 billion: NY Fed

March 21 2012

Barclays says 14 European banks would’ve passed Fed’s stress test, NY Times says

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Barclays said the 14 large European banks covered by the firm’s analysts would have passed “a representative version” of the Fed’s recent stress test, according to The New York Times.

Barclays says 14 European banks would’ve passed Fed’s stress test, NY Times says