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2h
Crain's New York Business
Clinton accepts nomination | Fed moving bank regulators | City mental health push for childrenfor childrenHillary Clinton accepted the Democratic presidential nomination at
Clinton accepts nomination | Fed moving bank regulators | City mental health push for children
Crain's New York Business / Posted 2 hours ago
for childrenHillary Clinton accepted the Democratic presidential nomination at the party's convention in Philadelphia. The Federal Reserve Bank of New York is moving nearly 250 on-site examiners out of the financial institutions they monitor. The... Read more
5h
International Business Times
NY Fed asks Philippines to recover $81m stolen in Bangladesh Bank cyber heist The Philippines central bank has been asked by the Federal Reserve Bank of New
NY Fed asks Philippines to recover $81m stolen in Bangladesh Bank cyber heist
International Business Times / Posted 5 hours ago
The Philippines central bank has been asked by the Federal Reserve Bank of New York (NY Fed) to help recover the $81m stolen by hackers in the Bangladesh Bank cyberattacks in February. According to an unnamed source, Bangladesh Bank has reportedly... Read more
2 related stories
10h
Reuters
New York Fed asks Philippines to recover Bangladesh moneyng Pilipinas (Central Bank of the Philippines) posted at the main gate in Manil
New York Fed asks Philippines to recover Bangladesh money
Reuters / Posted 10 hours ago
ng Pilipinas (Central Bank of the Philippines) posted at the main gate in Manila, Philippines April 28, 2016. DHAKA The Federal Reserve Bank of New York has asked the Philippines' central bank to help Bangladesh Bank recover the $81 million that... Read more
2 related stories
17h
Reuters
U.S. consumer agency seeks to overhaul debt collection industry13 percent of consumers have a debt in third-party collection, with an average
U.S. consumer agency seeks to overhaul debt collection industry
Reuters / Posted 17 hours ago
13 percent of consumers have a debt in third-party collection, with an average amount of $1,300, data from the Federal Reserve Bank of New York shows. Ira Rheingold, executive director of the National Association of Consumer Advocates,... Read more
46 related stories
1d
CNBC
Consumer watchdog seeks to overhaul debt collection industry13 percent of consumers have a debt currently in third-party collection, with a
Consumer watchdog seeks to overhaul debt collection industry
CNBC / Posted yesterday
13 percent of consumers have a debt currently in third-party collection, with an average amount of $1,300, data from the Federal Reserve Bank of New York shows. In a survey released alongside its proposal, the CFPB found more than three-quarters... Read more
46 related stories
1d
Market Watch
Hillary’s tax plan can’t pay for all of Bernie’s ‘free stuff’debt has ballooned to $1.26 trillion, the second-largest category of debt after
Hillary’s tax plan can’t pay for all of Bernie’s ‘free stuff’
Market Watch / Posted yesterday
debt has ballooned to $1.26 trillion, the second-largest category of debt after home mortgages, according to the Federal Reserve Bank of New York. The law of supply and demand applies to the labor market as well, where a doubling of the... Read more
1d
Reuters
U.S. consumer agency seeks to overhaul debt collection industry13 percent of consumers have a debt currently in third-party collection, with a
U.S. consumer agency seeks to overhaul debt collection industry
Reuters / Posted yesterday
13 percent of consumers have a debt currently in third-party collection, with an average amount of $1,300, data from the Federal Reserve Bank of New York shows. In a survey released alongside its proposal, the CFPB found more than three-quarters... Read more
46 related stories
1d
Channel NewsAsia
US consumer agency seeks to overhaul debt collection industry13 percent of consumers have a debt currently in third-party collection, with a
US consumer agency seeks to overhaul debt collection industry
Channel NewsAsia / Posted yesterday
13 percent of consumers have a debt currently in third-party collection, with an average amount of US$1,300, data from the Federal Reserve Bank of New York shows. In a survey released alongside its proposal, the CFPB found more than three-quarters... Read more
46 related stories
1d
Daily Pennsylvanian
Donald Trump breaks silence on student debtbetween 2004 and 2012, with an average increase of 14 percent annually, accordi
Donald Trump breaks silence on student debt
Daily Pennsylvanian / Posted yesterday
between 2004 and 2012, with an average increase of 14 percent annually, according to a 2014 analysis by researchers at the Federal Reserve Bank of New York. In 2010, student loans surpassed credit card debt as the second-largest form of household... Read more
6 related stories
1d
New York Post
Crappy bank lays another eggin restructuring costs and announced it will shed 9,000 jobs. The operational
Crappy bank lays another egg
New York Post / Posted yesterday
in restructuring costs and announced it will shed 9,000 jobs. The operational overhaul comes after regulators, notably the Federal Reserve Bank of New York, slammed the company for operations that were of “low quality, inaccurate and... Read more
12 related stories
3d
CNBC
Fed prepares action against Goldman Sachs in leak casethe circumstances of the looming Goldman actions are both unlikely and awkward.
Fed prepares action against Goldman Sachs in leak case
CNBC / Posted 3 days ago
the circumstances of the looming Goldman actions are both unlikely and awkward. The leak, after all, originated at the Federal Reserve Bank of New York with one of its own employees. And the junior Goldman banker who received the confidential... Read more
6 related stories
3d
Market Watch
Fed ready to penalize Goldman Sachs, ban former execin which confidential regulatory materials were leaked to a Goldman staffer fro
Fed ready to penalize Goldman Sachs, ban former exec
Market Watch / Posted 3 days ago
in which confidential regulatory materials were leaked to a Goldman staffer from one of his former colleagues at the Federal Reserve Bank of New York. The Fed last year permanently banned from the banking industry the former Goldman staffer... Read more
3d
CNBC
Fed prepares a new action against Goldman Sachs in leak casean unlikely — and awkward — opportunity for the Fed to flex its regulatory musc
Fed prepares a new action against Goldman Sachs in leak case
CNBC / Posted 3 days ago
an unlikely — and awkward — opportunity for the Fed to flex its regulatory muscle. The leak, after all, originated at the Federal Reserve Bank of New York with one of its own employees. And the junior Goldman banker who received the confidential... Read more
6 related stories
3d
Brisbane Times
Goldman expected to pay penalty to Fed to settle leak casean unlikely - and awkward - opportunity for the Fed to flex its regulatory musc
Goldman expected to pay penalty to Fed to settle leak case
Brisbane Times / Posted 3 days ago
an unlikely - and awkward - opportunity for the Fed to flex its regulatory muscle. The leak, after all, originated at the Federal Reserve Bank of New York with one of its own employees. And the junior Goldman banker who received the confidential... Read more
6 related stories
4d
iol.co.za
Has Wall Street been tamed?sold in 2008. Yet primary dealers have decreased inventories of bonds to help b
Has Wall Street been tamed?
iol.co.za / Posted 4 days ago
sold in 2008. Yet primary dealers have decreased inventories of bonds to help buyers and sellers trade, according to the Federal Reserve Bank of New York. As a result, there’s less action on trading floors. Profit from dealing fixed income,... Read more
4d
Naked Capitalism
New Zealand Offshore Company Agents: Mossack Fonseca is Far From Aloneto get records of Sovereign’s customers from HSBC, as well as from delivery and
New Zealand Offshore Company Agents: Mossack Fonseca is Far From Alone
Naked Capitalism / Posted 4 days ago
to get records of Sovereign’s customers from HSBC, as well as from delivery and money wire transfer services including the Federal Reserve Bank of New York. Here’s what three of the offshore agents say about NZ. Firstly, TBA & Associates; One of... Read more
4d
Perth Now
How millions went missing in bank heistWhen the Federal Reserve Bank of New York cleared five transactions made by the
How millions went missing in bank heist
Perth Now / Posted 4 days ago
When the Federal Reserve Bank of New York cleared five transactions made by the Bangladesh Bank hackers, the money went in two directions. On February 4, the Fed's system sent $20 million to Sri Lanka and $81 million to the Philippines. The Sri... Read more
4d
The Courier Mail
How millions went missing in bank heistWhen the Federal Reserve Bank of New York cleared five transactions made by the
How millions went missing in bank heist
The Courier Mail / Posted 4 days ago
When the Federal Reserve Bank of New York cleared five transactions made by the Bangladesh Bank hackers, the money went in two directions. On February 4, the Fed's system sent $20 million to Sri Lanka and $81 million to the Philippines. The Sri... Read more
6d
Channel NewsAsia
JPMorgan to stop settling government securities for dealersbroker-dealers. "This area is not core to our growth strategy," he was quoted
JPMorgan to stop settling government securities for dealers
Channel NewsAsia / Posted 6 days ago
broker-dealers. "This area is not core to our growth strategy," he was quoted as saying in an interview. JPMorgan and the Federal Reserve Bank of New York, which oversees the repo market and which has in the last few years called for changes to... Read more
2 related stories
6d
Reuters
JPMorgan to stop settling government securities for dealersbroker-dealers. "This area is not core to our growth strategy," he was quoted
JPMorgan to stop settling government securities for dealers
Reuters / Posted 6 days ago
broker-dealers. "This area is not core to our growth strategy," he was quoted as saying in an interview. JPMorgan and the Federal Reserve Bank of New York, which oversees the repo market and which has in the last few years called for changes to... Read more
2 related stories
7d
Bdnews24.com
BB heist: Bangladesh close to recovering portion of stolen funds in Philippinesof the world’s biggest cyber heists, hackers managed to have $81 million transf
BB heist: Bangladesh close to recovering portion of stolen funds in Philippines
Bdnews24.com / Posted 7 days ago
of the world’s biggest cyber heists, hackers managed to have $81 million transferred from Bangladesh Bank’s account in the Federal Reserve Bank of New York to several accounts in the Philippines’s Rizal Commercial Banking Corp on Feb 4 by sending a... Read more
7d
Business Insurance
How the New York Fed fumbled over the Bangladesh Bank heist(Reuters) — Jupiter: That single word, by a stroke of luck, helped stop the Fed
How the New York Fed fumbled over the Bangladesh Bank heist
Business Insurance / Posted 7 days ago
(Reuters) — Jupiter: That single word, by a stroke of luck, helped stop the Federal Reserve Bank of New York from paying nearly $1 billion to the cyber criminals behind a notorious bank heist earlier this year, according to sources familiar with the... Read more
2 related stories
7d
The Manila Times
PH set to return $15M to BangladeshCorp. About $21 million remains missing. Hackers supposedly stole $81 million
PH set to return $15M to Bangladesh
The Manila Times / Posted 7 days ago
Corp. About $21 million remains missing. Hackers supposedly stole $81 million from a Bangladesh Bank account at the Federal Reserve Bank of New York City. The funds were then transferred to accounts at Rizal Commercial Banking Corp.’s... Read more
8d
Pilipino Star
Bangladesh nears recovery of $81-M stolen fundsBangladesh Bank is a step closer to recovering a portion of the $81 million fun
Bangladesh nears recovery of $81-M stolen funds
Pilipino Star / Posted 8 days ago
Bangladesh Bank is a step closer to recovering a portion of the $81 million fund stolen by hackers from its account at the Federal Reserve Bank of New York. Anti Money Laundering Council executive director Julia Bacay-Abad said on the sidelines of... Read more
9d
Salon.com
Ask Brianna: How should I spend my first full-time paycheck?2015, down from a high of 7.1 percent in February and March 2011, when the econ
Ask Brianna: How should I spend my first full-time paycheck?
Salon.com / Posted 9 days ago
2015, down from a high of 7.1 percent in February and March 2011, when the economy was slowly recovering, according to the Federal Reserve Bank of New York . Median annual wages were $43,000 in 2015 for the same group, the highest since 2003 . To... Read more
9d
Swissinfo
TIAA Hires UBS’s Brian Nick as Strategy Chief for Asset Managerin assets, which include the totals from TIAA Investments and Nuveen. Nick pre
TIAA Hires UBS’s Brian Nick as Strategy Chief for Asset Manager
Swissinfo / Posted 9 days ago
in assets, which include the totals from TIAA Investments and Nuveen. Nick previously worked at Barclays Plc and the Federal Reserve Bank of New York, according to the statement. Pranita Sookai, a spokeswoman for Zurich-based UBS, declined to... Read more
9d
The Hendersonville Times-News
Ask Brianna: How should I spend my first full-time paycheck?2015, down from a high of 7.1 percent in February and March 2011, when the econ
Ask Brianna: How should I spend my first full-time paycheck?
The Hendersonville Times-News / Posted 9 days ago
2015, down from a high of 7.1 percent in February and March 2011, when the economy was slowly recovering, according to the Federal Reserve Bank of New York. Median annual wages were $43,000 in 2015 for the same group, the highest since 2003. To... Read more
9d
Business Insider
Investment behemoth PIMCO just made 2 big hireswhere she was the director of global interest rate research. She also previousl
Investment behemoth PIMCO just made 2 big hires
Business Insider / Posted 9 days ago
where she was the director of global interest rate research. She also previously worked at Morgan Stanley and the Federal Reserve Bank of New York. "Danielle and Tiffany are examples of the top industry talent we continue to add to our... Read more
10d
The Buffalo News
Local factories continue to struggle in Junethat factory activity across the country was beginning to rebound. The Empire
Local factories continue to struggle in June
The Buffalo News / Posted 10 days ago
that factory activity across the country was beginning to rebound. The Empire State Manufacturing survey, compiled by the Federal Reserve Bank of New York, has shown improvement among New York manufacturers for two straight months, although the... Read more
10d
Naked Capitalism
Is Brexit Moment a Lehman Moment? Fear Factor in Financial Criseshappened on 13 March 2008. Then, on Friday, 14 March 2008, on the second Bears
Is Brexit Moment a Lehman Moment? Fear Factor in Financial Crises
Naked Capitalism / Posted 10 days ago
happened on 13 March 2008. Then, on Friday, 14 March 2008, on the second Bears Stearns moment came. On 14 March, the Federal Reserve Bank of New York agreed to provide a $25 billion loan to Bear Stearns to save it, sending the signal to... Read more
11d
Inquirier.net
IMF backs reforms in PH after Bangladesh Bank heistStar reported Sunday. Hackers tried to steal $1 billion from the account of th
IMF backs reforms in PH after Bangladesh Bank heist
Inquirier.net / Posted 11 days ago
Star reported Sunday. Hackers tried to steal $1 billion from the account of the central bank of Bangladesh at the Federal Reserve Bank of New York last February. Of the 35 transactions, 30 transactions were foiled. However, a total of... Read more
12d
The Columbian
Berko: The economy is still a mess and it is Congress’ faultcard debt in 2011 was only $769 billion, so there was certainly an outlandish i
Berko: The economy is still a mess and it is Congress’ fault
The Columbian / Posted 12 days ago
card debt in 2011 was only $769 billion, so there was certainly an outlandish increase in four years. And according to the Federal Reserve Bank of New York, the average 65-year-old baby boomer has nearly 50 percent more mortgage debt and 30 percent... Read more
12d
Orange County Register
9 ways to spruce up your finances while markets up, interest rates downcrisis of 2008, total U.S. household debt, as of March 31, remains 3 percent be
9 ways to spruce up your finances while markets up, interest rates down
Orange County Register / Posted 12 days ago
crisis of 2008, total U.S. household debt, as of March 31, remains 3 percent below the all-time high, according to the Federal Reserve Bank of New York. But when borrowing can cost so little these days, a little out-of-the-box thinking could... Read more
12d
Pilipino Star
IMF backs reforms in dirty money, bank secrecy lawspar with international standards. Hackers tried to steal $1 billion from the a
IMF backs reforms in dirty money, bank secrecy laws
Pilipino Star / Posted 12 days ago
par with international standards. Hackers tried to steal $1 billion from the account of the Bangladesh central bank at the Federal Reserve Bank of New York last February. Of the 35 transactions, a total of 30 transactions were foiled. RCBC of... Read more
13d
Arkansas Democrat-Gazette
Industry output up 0.6% in Junein consumer spending. Manufacturing activity in New York slowed in early July
Industry output up 0.6% in June
Arkansas Democrat-Gazette / Posted 13 days ago
in consumer spending. Manufacturing activity in New York slowed in early July after a big gain the previous month. The Federal Reserve Bank of New York said Friday that its Empire State manufacturing index slowed to a reading of 0.55 in July... Read more
18 related stories
13d
WCAX-TV Vermont
Factory activity in New York region slows in July(AP) - Manufacturing activity in New York slowed in early July after a big gain
Factory activity in New York region slows in July
WCAX-TV Vermont / Posted 13 days ago
(AP) - Manufacturing activity in New York slowed in early July after a big gain in the previous month. The Federal Reserve Bank of New York says that its Empire State manufacturing index slowed to a reading of 0.55 in July after a... Read more
3 related stories
14d
WCAX-TV Vermont
Factory activity in New York region slows in JulyWASHINGTON (AP) - Manufacturing activity in New York slowed in early July after
Factory activity in New York region slows in July
WCAX-TV Vermont / Posted 14 days ago
WASHINGTON (AP) - Manufacturing activity in New York slowed in early July after a big gain in the previous month. The Federal Reserve Bank of New York says that its Empire State manufacturing index slowed to a reading of 0.55 in July after a reading... Read more
3 related stories
14d
Brandon Sun
Factory activity in New York region slows in JulyWASHINGTON - Manufacturing activity in New York slowed in early July after a bi
Factory activity in New York region slows in July
Brandon Sun / Posted 14 days ago
WASHINGTON - Manufacturing activity in New York slowed in early July after a big gain in the previous month. The Federal Reserve Bank of New York says that its Empire State manufacturing index slowed to a reading of 0.55 in July after a reading of... Read more
3 related stories
14d
San Antonio Express-News
Factory activity in New York region slows in JulyWASHINGTON (AP) — Manufacturing activity in New York slowed in early July after
Factory activity in New York region slows in July
San Antonio Express-News / Posted 14 days ago
WASHINGTON (AP) — Manufacturing activity in New York slowed in early July after a big gain in the previous month. The Federal Reserve Bank of New York says that its Empire State manufacturing index slowed to a reading of 0.55 in July after a reading... Read more
3 related stories
15d
Orange County Register
On payday lending, government is the predatorpeople into a “debt trap,” the evidence is that payday loans are a benefit to t
On payday lending, government is the predator
Orange County Register / Posted 15 days ago
people into a “debt trap,” the evidence is that payday loans are a benefit to the vast majority of borrowers. A 2007 Federal Reserve Bank of New York study found that consumers were significantly worse off after Georgia and North Carolina... Read more
16d
Newsmax
Consumer Inflation Expectations Hit 10-Month High in Fed Surveyexpectations for longer-term inflation rebounded last month to the highest leve
Consumer Inflation Expectations Hit 10-Month High in Fed Survey
Newsmax / Posted 16 days ago
expectations for longer-term inflation rebounded last month to the highest level since August, according to results of a Federal Reserve Bank of New York survey released Monday. Expected inflation three years ahead was 2.9 percent, according to... Read more
16d
Market Watch
This common delusion can wreck your lifestyle in retirement47% more mortgage debt and 29% more auto debt than a 65-year-old did in 2003, a
This common delusion can wreck your lifestyle in retirement
Market Watch / Posted 16 days ago
47% more mortgage debt and 29% more auto debt than a 65-year-old did in 2003, according to inflation-adjusted data from the Federal Reserve Bank of New York released in February of last year. And yet, many average boomers engage in this common... Read more
17d
Crain's New York Business
New York companies must take cybersecurity more seriously$80 million heist from Bangladesh Bank, in which hackers used stolen credential
New York companies must take cybersecurity more seriously
Crain's New York Business / Posted 17 days ago
$80 million heist from Bangladesh Bank, in which hackers used stolen credentials to send money transfer requests to the Federal Reserve Bank of New York, suggest that banks will continue to be a hot target for cybercriminals and that significant... Read more
17d
Perth Now
Finance news you need to know todaygrowth last month, mirroring a sharp rise in US jobs growth, while inflation ex
Finance news you need to know today
Perth Now / Posted 17 days ago
growth last month, mirroring a sharp rise in US jobs growth, while inflation expectations remained subdued, according to a Federal Reserve Bank of New York survey. 6. JERUSALEM — A group of Israelis and Americans have filed a lawsuit seeking $US1... Read more
2 related stories
17d
The Courier Mail
Finance news you need to know todaygrowth last month, mirroring a sharp rise in US jobs growth, while inflation ex
Finance news you need to know today
The Courier Mail / Posted 17 days ago
growth last month, mirroring a sharp rise in US jobs growth, while inflation expectations remained subdued, according to a Federal Reserve Bank of New York survey. 6. JERUSALEM — A group of Israelis and Americans have filed a lawsuit seeking $US1... Read more
2 related stories
17d
Daily Telegraph
Finance news you need to know todaygrowth last month, mirroring a sharp rise in US jobs growth, while inflation ex
Finance news you need to know today
Daily Telegraph / Posted 17 days ago
growth last month, mirroring a sharp rise in US jobs growth, while inflation expectations remained subdued, according to a Federal Reserve Bank of New York survey. 6. JERUSALEM — A group of Israelis and Americans have filed a lawsuit seeking $US1... Read more
2 related stories
17d
Herald Sun
Americans upbeat on earnings in June: Fedgrowth last month, mirroring a sharp rise in US jobs growth, while inflation ex
Americans upbeat on earnings in June: Fed
Herald Sun / Posted 17 days ago
growth last month, mirroring a sharp rise in US jobs growth, while inflation expectations remained subdued, according to a Federal Reserve Bank of New York survey. The New York Fed's survey of consumer expectations showed median expected earnings... Read more
4 related stories
17d
Perth Now
Americans upbeat on earnings in June: Fedgrowth last month, mirroring a sharp rise in US jobs growth, while inflation ex
Americans upbeat on earnings in June: Fed
Perth Now / Posted 17 days ago
growth last month, mirroring a sharp rise in US jobs growth, while inflation expectations remained subdued, according to a Federal Reserve Bank of New York survey. The New York Fed's survey of consumer expectations showed median expected earnings... Read more
4 related stories
17d
Zero Hedge
Lessons From The Worst Banking Crisis In HistoryJapan’s Great Recession,’ recounts the crisis with extraordinary candor. Koo w
Lessons From The Worst Banking Crisis In History
Zero Hedge / Posted 17 days ago
Japan’s Great Recession,’ recounts the crisis with extraordinary candor. Koo was a syndicated loan desk officer at the Federal Reserve Bank of New York… so he was truly at the epicenter. Late on a Friday afternoon in August 1982, his job,... Read more
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