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Federal Reserve and FDIC release public sections of bank resolution plans

The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) have made available the public sections of resolution plans submitted by eight major domestic banks and 56 foreign banking organizations.

CommScope agrees to sell cable solutions unit to Amphenol for $10.5 billion

CommScope has announced an agreement to sell its Connectivity and Cable Solutions (CCS) segment to Amphenol Corporation for approximately $10.5 billion in cash.

Federal Reserve Board ends special oversight for novel banking activities

The Federal Reserve Board announced on Friday that it will end its novel activities supervision program and shift back to monitoring banks' novel activities through its regular supervisory process.

UC Berkeley Symphony Orchestra completes European tour with performances in major concert halls

The UC Berkeley Symphony Orchestra recently completed a 10-day tour of Europe, performing in cities such as Vienna, Berlin, Prague, and Krakow.

UC Berkeley partners with Bear Republic Brewing for official craft beer launch

UC Berkeley has announced a partnership with Bear Republic Brewing Co., naming the company as the “Official Craft Beer of Cal.” The agreement includes the launch of “Oski’s California Gold,” a co-branded light golden ale that will be available at...

FDIC backs executive order targeting politicized banking practices

The Federal Deposit Insurance Corporation (FDIC) has expressed its support for President Trump’s recent Executive Order focused on preventing politicized or unlawful debanking.

Carlyle agrees sale of stake in HSO to Bain Capital

Global investment firm Carlyle (NASDAQ: CG) has announced an agreement to sell its stake in HSO, a Microsoft services partner, to Bain Capital.

Bank of Canada maintains key interest rate amid ongoing global trade uncertainties

The Bank of Canada’s Governing Council released a summary of its deliberations leading up to the monetary policy decision on July 30, 2025.

San Francisco Fed schedules Asia Economic Policy Conference for November 2025

The Federal Reserve Bank of San Francisco has announced that it will host the 2025 Asia Economic Policy Conference (AEPC) on November 20-21, 2025.

Richmond Fed president discusses economic outlook with focus on consumer resilience

The Federal Reserve Bank of Richmond recently addressed the state of the U.S. economy and the role of consumers during a presentation at The Health Management Academy in Chicago.

Reserve Bank cuts cash rate target by 25 basis points amid moderating inflation

The Reserve Bank of Australia's Monetary Policy Board has decided to reduce the cash rate target by 25 basis points, setting it at 3.60 per cent.

Federal Reserve issues prohibition order for ex-First Horizon Bank employee over embezzlement

The Federal Reserve Board has announced an enforcement action involving a former employee of First Horizon Bank in Memphis, Tennessee.

Cleveland Fed survey finds lower CEO inflation expectations for third quarter of 2025

Inflation expectations among U.S. business leaders have declined for the third quarter of 2025, according to the latest Survey of Firms’ Inflation Expectations (SoFIE) released by the Federal Reserve Bank of Cleveland’s Center for Inflation Research.

Central bankers address economic risks from uncertainty and AI at Boston Fed panel

Central bankers gathered at the Federal Reserve Bank of Boston on Wednesday to discuss how uncertainty and technological change are affecting the U.S. and global economies.

Bank of Canada announces schedule for key economic reports through end of 2026

The Bank of Canada has released its schedule for policy interest rate announcements and other major publications for 2026.

Carlyle Group posts strong Q2 earnings with $441 million pre-tax income

The Carlyle Group Inc. announced its unaudited financial results for the second quarter of 2025, reporting income before provision for income taxes of $441 million and a margin on income before provision for income taxes of 28.0%.

Scott Bessent meets with German finance minister to discuss trade, taxes, and Ukraine

Secretary of the Treasury Scott Bessent met with German Vice Chancellor and Minister of Finance Lars Klingbeil in Washington on August 4, 2025.

UC Berkeley study finds Yellowstone-area wolves travel long distances with pups during elk migration

Biologists from the University of California, Berkeley have observed gray wolves near Yellowstone National Park traveling distances of 20 kilometers or more across difficult terrain with very young pups.

Balance sheet discipline seen as driver of bank competitiveness and strategic growth

Balance sheet management is increasingly viewed by banks as a key factor for growth rather than just a compliance task.

California extends local news fellowship amid cuts to federal media funding

California’s latest budget has allocated $15 million to extend the California Local News Fellowship, a program managed by the UC Berkeley School of Journalism.