Harvard Corporate Governance

FEBRUARY 10, 2023

As inflation persists despite a series of interest-rate hikes initiated by the Federal Reserve, pessimism has increased toward the prospects of the US economy. See Figure 1.)

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Appraisers Blog

JUNE 16, 2023

The Federal Reserve. One hundred and ten years of not being federal, and not having any reserves. The federal reserve seeks to devalue your currency 2%, year over year over year. In reply to Julie Friess. A private corporation whom creates money out of thin air, backed by nothing.

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Benzinga

JANUARY 17, 2024

stock indices in the red, as investors expressed concerns that the Federal Reserve is not in a rush to reduce interest rates early this year. Another day of losses shook up Wednesday’s stock trading session on Wall Street. All major U.S.

Treasury 98

Treasury Marketability Technology Equity 98

Harvard Corporate Governance

JANUARY 20, 2023

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, January 20, 2023 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of January 14-19, 2023 Federal Reserve Proposes Climate Risk Guidance for Large Financial Institutions Posted by Nicola Higgs, Betty M.

Banking 188

Banking 188

Benzinga

JANUARY 9, 2023

Steve Hanke , a professor of Applied Economics at Johns Hopkins University , has criticized the Federal Reserve’s monetary policy and President Joe Biden’s administration for a sharp drop in deal activity last year.

Finance 98

Finance 98

Mckinsey and Company

SEPTEMBER 10, 2022

Growth moderates globally in an inflationary environment; the US Federal Reserve emphasizes its tightening course; Europe faces near-term energy volatility.

Corporate Finance 106

Corporate Finance Finance 106

Harvard Corporate Governance

AUGUST 9, 2023

However, managerial information is typically not available for all firms, despite the availability and usefulness of information for a subset of firms provided by various surveys, e.g., the Duke University/Federal Reserve CFO Surveys and the Conference Board CEO Surveys.

Corporate Finance 214

Corporate Finance Finance Marketability 214

N Contracts

NOVEMBER 9, 2023

CRA Modernization Final Rule: Preparing Your Bank for What Comes Next After years of discussions and false starts, the Federal Reserve, FDIC, and OCC issued their final rule modernizing the Community Reinvestment Act (CRA) on October 24th, 2023. How will CRA modernization impact your bank? What do regulators hope to achieve?

Banking 82

Banking Compliance 82

Auto Dealer Valuation Insights

MARCH 18, 2024

As measured by the Federal Reserve’s preferred gauge — the personal consumption expenditures price index — inflation increased from an average of 1.5% Rising inflation has been top of mind for business owners (and everyone for that matter) over the last few years. in 2019 and 2020 to 5.0%

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Harvard Corporate Governance

AUGUST 15, 2023

Financial regulatory agencies do not rely on appropriations by Congress; rather, their budgets are generated by the fees they impose on banks, and in the case of the Federal Reserve System, profits that come from buying and selling government debt. The banking regulatory regime features none of these regulatory basics.

Banking 189

Banking Marketability 189

Harvard Corporate Governance

MAY 18, 2022

It is good to be here alongside Federal Trade Commission Chair Khan. Amongst them, in 1933 and 1934, Congress and FDR came together to craft the first two federal securities laws. Then, in 1934, the Gold Reserve Act was enacted, prohibiting government and financial institutions from redeeming dollars for gold.

Marketability 243

Marketability Technology 243

N Contracts

JUNE 9, 2023

This n ew vendor management guidance from the federal regulatory agencies aligns vendor management requirements among the Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), and the Federal Reserve and replaces existing guidance.

Banking 70

Banking 70

Law 360 M&A

JANUARY 18, 2024

Projected Federal Reserve interest rate cuts in 2024 are a key factor that will spur increased private equity investment in mergers and acquisitions after a slower 2023, according to a new Morrison Foerster LLP report.

Equity 52

Equity 52

Mckinsey and Company

SEPTEMBER 15, 2022

Growth moderates globally in an inflationary environment; the US Federal Reserve emphasizes its tightening course; Europe faces near-term energy volatility.

Corporate Finance 91

Corporate Finance Finance 91

Harvard Corporate Governance

FEBRUARY 7, 2024

the latter appears to be on a path to stabilizing, as a consensus emerges that interest rates have likely peaked, with Federal Reserve policymakers signaling potential rate cuts by the end of 2024. In the U.S.,

Private Equity Firm 140

Private Equity Firm Equity Finance Marketability 140

Harvard Corporate Governance

NOVEMBER 11, 2022

federal courts. Posted by Patrick Dennis (University of Virginia), Kristopher Gerardi (Federal Reserve Bank of Atlanta), and Carola Schenone (University of Virginia), on Monday, November 7, 2022. Tags: Bank loans , Covenants , Disclosure , Federal Reserve , Public firms , U.S.

Compliance 189

Compliance Banking Treasury Marketability 189

LaPorte

APRIL 4, 2023

The Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation and Federal Reserve have zeroed in on numerous regulatory changes for 2023. The post Banking regulatory tide set to turn in 2023 first appeared on LaPorte.

Banking 52

Banking 52

Law 360 M&A

FEBRUARY 21, 2023

A California federal judge on Tuesday ruled, "with some reservations," that Quinn Emanuel Urquhart & Sullivan LLP and Hagens Berman Sobol Shapiro LLP should continue to co-lead an antitrust suit against Meta Platforms Inc., instructing the firms to "put behind them" gender bias allegations against Quinn Emanuel.

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Reynolds Holding

MARCH 12, 2023

After receiving a recommendation from the boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary Yellen approved actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, in a manner that fully protects all depositors. This step will ensure that the U.S.

Treasury 45

Treasury Banking Finance 45

Reynolds Holding

JULY 31, 2023

On July 27, 2023, the federal banking agencies released a lengthy proposal to revise the capital rules applicable to large banks and bank holding companies. banking industry. The G-SIB surcharge would be revised, which is expected to increase requirements for U.S. Mixed effects on foreign banks operating IHCs in the United States.

Banking 40

Banking Market Risk Marketability Compliance 40

Reynolds Holding

JANUARY 5, 2023

The Board of Governors of the Federal Reserve System (Federal Reserve), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) (collectively, the agencies) are issuing the following statement on crypto-asset1 risks to banking organizations.

Banking 49

Banking Finance Compliance Marketability 49

Harvard Corporate Governance

MAY 24, 2022

Climate change is an emerging risk to financial institutions, the financial system, and the economy,” Federal Reserve Chair Jerome Powell proclaimed in 2020. This post is based on his recent paper , forthcoming in the American Business Law Journal.

Banking 256

Banking Finance 256

LaPorte

JUNE 9, 2023

In our latest financial services update, we take a look at the upcoming launch of the Federal Reserve's instant payment system, banking results for Q1 2023 and disruption in the reinsurance sector. The post Financial services update: FedNow, banking results, reinsurance disruption first appeared on LaPorte.

Banking 52

Banking 52

Benzinga

MARCH 15, 2024

jointly announced today that approval has been received from the Federal Reserve Bank, The Federal Deposit Insurance Corp., (OTCQX: WAYN ) ("Wayne"), the holding company of Wayne Savings Community Bank and Main Street Financial Services Corp. with and into Wayne Savings Community Bank.

Banking 45

Banking 45

Benzinga

MARCH 20, 2023

Related Link: First Republic Bank Tumbles, S&P 500 Volatility Continues Ahead Of Next Week's Critical Federal Reserve Meeting The UBS Takeaways: In the upgrade note, Ryan said UBS should expect substantial cost synergies from the merger.

Banking 97

Banking 97

Benzinga

MARCH 26, 2023

The bank could potentially reach a deal to acquire SVB from the Federal Deposit Insurance Corporation (FDIC) as soon as Sunday, according to Bloomberg News, which initially reported the development & also streamed live on YouTube by True Trading Group. With approximately $109 billion in assets and total deposits of $89.4

Banking 96

Banking Equity 96

Harvard Corporate Governance

OCTOBER 6, 2022

Federal Reserve enacted its second consecutive 75 basis point interest rate increase, following a similar increase in the previous month. [1] During 2Q22, the U.S. stock markets experienced considerable volatility as inflation remained a concern for investors. In July 2022, the U.S.

Marketability 189

Marketability 189

Law 360 M&A

APRIL 14, 2023

Federal Reserve Governor Michelle Bowman expressed concern on Friday that opening new banks in the U.S. has become too challenging, saying regulators need to take a closer look at how their approach to bank startups might be driving away would-be founders.

Banking 52

Banking 52

Harvard Corporate Governance

MAY 31, 2022

Wells Fargo’s board included a Lead Independent Director (LID) who was meant to serve as gatekeeper, limiting management’s influence over the boardroom and further solidifying the board’s independence. But, as the Wells Fargo scandal demonstrates, having a designated LID does not necessarily effectuate true independence.

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Reynolds Holding

NOVEMBER 13, 2023

On October 24, 2023, the Federal Reserve Board (FRB), the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency (together, the “Agencies”) released their final Principles for Climate-Related Financial Risk Management for Large Financial Institutions (the “Climate Principles”).

Banking 40

Banking Specific Risk Compliance Technology 40

Harvard Corporate Governance

APRIL 6, 2023

Even worse, the stress testing based on the scenario devised by the Federal Reserve Board (the Fed) never incorporated interest rates at higher levels. Ironically, banks were incented to own very safe government securities because they were considered highly liquid by regulators and carried very low capital requirements.

Banking 242

Banking 242

Benzinga

FEBRUARY 14, 2024

free trade partners, as well as creating a strategic mineral reserve in partnership with the U.S. Federal Government. Federal Government and international partners, addressing the global shortage outside China and seizing the. government and U.S. Full story available on Benzinga.com

Technology 40

Technology 40

Harvard Corporate Governance

APRIL 17, 2023

With a deposit base more than 90% uninsured and a balance sheet badly damaged by a combination of bad luck and bad strategy, SVB could not be saved by the standard tools of the Federal Reserve and FDIC.

Banking 211

Banking Finance Marketability 211

Benzinga

MARCH 25, 2024

(NASDAQ: LBAI ) ("Lakeland"), the parent company of Lakeland Bank, today announced receipt of regulatory approvals from the Federal Deposit Insurance Corporation and the New Jersey Department of Banking and Insurance for Provident and Lakeland to complete their previously announced merger. About Provident Provident Financial Services, Inc.

Banking 40

Banking Marketability 40

Benzinga

APRIL 17, 2023

UBS Group AG (NYSE: UBS ) shares are trading lower Monday amid the Federal Reserve's approval for the bank to acquire the U.S. subsidiaries of Credit Suisse Group (NYSE: CS ). What Happened : Late Friday, the Fed's Board of Governors approved UBS's acquisition of Credit Suisse subsidiaries.

Banking 52

Banking 52

Reynolds Holding

MARCH 26, 2024

authorities ever needed to implement a digital bank holiday, wires would be the transactions to target, and disabling banks’ Federal Reserve master accounts would be the most expedient way of preventing wires from being processed. I want to stress again how dire conditions would need to be to justify these kinds of steps.

Banking 59

Banking Start-ups Treasury Finance 59

Auto Dealer Valuation Insights

JANUARY 27, 2023

Compared to last year, interest rates have significantly increased since the Federal Reserve began raising rates in March 2022. Interest rates and inventory levels remain top of mind for auto dealers. Inventories have also improved as the industry works through its supply chain issues.

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