Pat Wang redesignated as chair of New York Fed’s board; Dr. Rajiv Shah named deputy
Pat Wang has been redesignated as chair of the Board of Directors for the Federal Reserve Bank of New York, according to an announcement by the bank.
Pat Wang has been redesignated as chair of the Board of Directors for the Federal Reserve Bank of New York, according to an announcement by the bank.
Datavault AI Inc. has announced an expanded collaboration with IBM to deliver enterprise-grade artificial intelligence (AI) performance at the edge in New York and Philadelphia.
IBM and The All England Lawn Tennis Club have announced a multi-year renewal of their technology partnership, which has been ongoing for 36 years.
The Federal Reserve Bank of Cleveland will host its annual economic outlook webinar, part of the Fed Talk series, on January 15, 2026.
The Federal Deposit Insurance Corporation (FDIC) has released a list of state nonmember banks that were recently evaluated for their compliance with the Community Reinvestment Act (CRA).
President Trump has issued an order requiring HieFo Corporation, a Delaware-based company identified as a foreign person, to divest its interests in certain assets of EMCORE Corporation.
Global investment firm Carlyle announced it has reached an agreement to sell Tescan Group, a manufacturer of electron microscopes and advanced scientific instruments, to Shimadzu Corporation.
The Federal Reserve Board and the Federal Deposit Insurance Corporation have announced the updated asset-size thresholds for “small bank” and “intermediate small bank” classifications under the Community Reinvestment Act (CRA)…
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on 10 individuals and entities from Venezuela and Iran, focusing on a Venezuelan company involved…
The Federal Deposit Insurance Corporation (FDIC) has released its list of administrative enforcement actions taken against banks and individuals for November 2025.
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on four companies involved in Venezuela’s oil sector and identified four associated oil tankers as…
Richmond Federal Reserve President Tom Barkin is scheduled to speak at the Raleigh Chamber Economic Forecast 2026 event on January 6, 2026.
The National Credit Union Administration (NCUA) has issued prohibition orders against three former credit union employees, permanently barring them from participating in the affairs of any federally insured depository institution.
In 2025, the Federal Reserve Bank of Boston focused on several key issues affecting New England and the broader U.S. economy.
IBM Chairman and CEO Arvind Krishna informed employees that Lou Gerstner, who led the company as Chairman and CEO from 1993 to 2002, died on December 27.
Moody’s has released a review of its key data-driven insights and innovations from 2025, highlighting major trends in banking, risk management, artificial intelligence, and insurance.
The Financial Crimes Enforcement Network (FinCEN), part of the U.S. Department of the Treasury, has announced a new operation targeting over 100 money services businesses (MSBs) along the southwest border…
Long before attending the University of California, Berkeley, James McCloy worked alongside his parents—his mother as a janitor and his father as a landscaper.
The U.S. Department of the Treasury has announced New Markets Tax Credit (NMTC) awards for 2024 and 2025, along with reforms aimed at community revitalization and compliance with federal anti-discrimination…
The Bank of Canada has released a summary of the deliberations held by its Governing Council that led to the monetary policy decision on December 10, 2025.
The National Credit Union Administration (NCUA) has announced a second set of proposed regulatory changes as part of its ongoing Deregulation Project.
A recent study from the University of California, Berkeley, explores why some people are better at interpreting others’ emotions than others.
Astronomers have identified the likely cause behind mysterious cosmic flashes known as luminous fast blue optical transients (LFBOTs).
For two decades, the University of California, Berkeley has operated a program designed to support students who have experienced foster care or housing insecurity.
UC Berkeley achieved several milestones in 2025, including winning two Nobel Prizes and leading a Mars mission.
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