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Michelle Bowman sworn in as Fed Vice Chair for Supervision

Michelle W. Bowman has been sworn in as Vice Chair for Supervision of the Board of Governors of the Federal Reserve System.

Federal Reserve appoints Michael E. Horowitz as new inspector general

Michael E. Horowitz has been appointed as the Inspector General for the Federal Reserve Board's Office of Inspector General (OIG), effective June 30, 2025.

NCUA announces tentative date for upcoming board meeting

The National Credit Union Administration (NCUA) has announced that its next Board of Directors meeting is tentatively scheduled for July 24, 2025, at 10:00 am Eastern.

Federal Reserve Board starts 2025 census for finance companies

The Federal Reserve Board has commenced its 2025 Census of Finance Companies and Other Lenders, as announced on Friday.

Moody's partners with GBG for enhanced business onboarding through identity verification

Moody's and GBG have announced a partnership aimed at enhancing business onboarding processes through improved identity verification.

Federal Reserve ends enforcement actions with Hana Bancorp and Rabobank

The Federal Reserve Board has announced the termination of enforcement actions involving Hana Bancorp, Inc. and Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. The action against Hana Bancorp, formerly known as BNB Financial Services...

Philadelphia Fed President emphasizes deliberate actions amid economic uncertainties

Federal Reserve Bank of Philadelphia President and CEO Patrick Harker emphasized the need for a "certain and deliberate" approach to monetary policy in light of ongoing economic uncertainties.

RBA discusses financial infrastructure resilience at June 2025 board meeting

The Payments System Board of the Reserve Bank of Australia convened in June 2025 to discuss several significant issues related to the nation's financial infrastructure.

Credit union assets and loans see growth in first quarter of 2025

The National Credit Union Administration (NCUA) has released its financial performance data for the first quarter of 2025, showing an increase in total assets and loans outstanding for federally insured credit unions.

Bank emphasizes diverse data use for informed economic decisions

Speaking after the decision to maintain the policy interest rate at 2.75%, Deputy Governor Sharon Kozicki addressed the importance of using a variety of data and engaging with Canadians to make informed decisions.

Beth Gosch joins New York Fed's Community Advisory Group

The Federal Reserve Bank of New York has announced the appointment of Beth Gosch to its Community Advisory Group.

IBM launches watsonx AI Labs in NYC to boost artificial intelligence development

IBM has announced the launch of watsonx AI Labs, a new innovation hub in New York City aimed at accelerating AI development.

IBM and Roche launch AI-powered app for diabetes management

IBM and Roche have collaborated to develop an AI-enabled solution aimed at assisting individuals with diabetes in managing their condition.

Research associates depart SF Fed Economic Research Department for advanced study or new roles

Each year, a new group of research associates joins the Economic Research team at the Federal Reserve Bank of San Francisco, while those who have completed their two-year term move on to further academic or professional pursuits.

Bank of Canada maintains interest rates amid global trade uncertainties

The Bank of Canada has decided to maintain its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.

Bank of Canada holds interest rate steady amid ongoing trade uncertainties

The Bank of Canada announced today that it is maintaining the policy interest rate at 2.75%.

Carlyle invests $1.3 billion in Trucordia for strategic growth

Trucordia has announced a strategic investment of $1.3 billion from Carlyle’s Global Credit platform.

Federal Reserve lifts asset growth cap on Wells Fargo after meeting conditions

The Federal Reserve announced on Tuesday that Wells Fargo is no longer under the asset growth restriction from the Board's 2018 enforcement action.

Federal Reserve releases minutes from April and May discount rate meetings

The Federal Reserve Board has published the minutes from its recent meetings, which were held to review and set discount rates for depository institutions.

AlpInvest Partners raises $4.1 billion for ninth co-investment fund

AlpInvest Partners has successfully raised $4.1 billion for its AlpInvest Co-Investment Fund IX (ACF IX), surpassing the size of its predecessor fund, which closed at $3.5 billion in 2021.