News published on Monetary Brief in October 2025

News from October 2025

Reserve Bank of Australia appoints Martin Thomas as General Counsel

Martin Thomas has been named as the new General Counsel at the Reserve Bank of Australia (RBA).

Federal Reserve Board denies Canandaigua National Corporation's application for real property activity

The Federal Reserve Board has denied an application from Canandaigua National Corporation, based in Canandaigua, New York.

Federal bank regulators withdraw climate risk management principles for large institutions

The federal bank regulatory agencies have announced the withdrawal of the interagency Principles for Climate-Related Financial Risk Management for Large Financial Institutions.

Kinetic Advantage partners with Carlyle to expand automotive floorplan financing

Kinetic Advantage, an independent provider of automotive floorplan financing, has announced a strategic investment from Carlyle, a global investment firm.

IBM introduces new AI agents for Oracle Fusion Applications

IBM has announced the release of three new AI agents on the Oracle Fusion Applications AI Agent Marketplace.

IBM partners with Lewis Hamilton’s Mission 44 foundation on global AI skills initiative

IBM has announced a new multi-year partnership with Mission 44, the charitable foundation established by Formula 1 driver Lewis Hamilton.

UC Berkeley professor Omar Yaghi wins Nobel Prize in Chemistry for work on porous materials

Omar Yaghi, a chemist at the University of California, Berkeley, has been named a co-recipient of the 2025 Nobel Prize in Chemistry.

UC Berkeley scientist Teresa Puthussery awarded 2025 MacArthur Fellowship for retina research

Teresa Puthussery, an associate professor at the University of California, Berkeley’s Herbert Wertheim School of Optometry & Vision Science, has been named a 2025 MacArthur Fellow.

Federal regulators propose rule banning use of reputation risk in bank supervision

The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation have released a joint notice of proposed rulemaking to formally remove reputation risk from their supervisory programs.

Bank regulators propose new rules to clarify supervision of material financial risks

The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation (FDIC) have released a joint notice of proposed rulemaking aimed at refining their approach to bank supervision.

UC Berkeley named top public university in North America by Times Higher Education

UC Berkeley has been named the top public university in North America for 2026 by Times Higher Education.

Philadelphia Fed president Anna Paulson says tariffs unlikely to have lasting effect on inflation

At the National Association for Business Economics 67th Annual Meeting, Anna Paulson, President and CEO of the Federal Reserve Bank of Philadelphia, addressed the impact of tariffs on inflation.

IBM announces agreement to acquire Cognitus for expanded SAP transformation services

IBM has announced it will acquire Cognitus, a Dallas-based SAP S/4HANA services provider known for its industry-specific and AI-powered solutions.

Carlyle AlpInvest partners with CalSTRS for climate-focused co-investment initiative

Carlyle AlpInvest and the California State Teachers’ Retirement System (CalSTRS) have announced a partnership aimed at expanding access to climate-related co-investment opportunities.

UC Berkeley emeritus professor John Clarke awarded 2025 Nobel Prize in Physics

John Clarke, an emeritus professor of physics at the University of California, Berkeley, has been named a recipient of the 2025 Nobel Prize in Physics.

Bharti Airtel partners with IBM to expand cloud capabilities for Indian enterprises

Bharti Airtel has announced a strategic partnership with IBM to enhance its Airtel Cloud platform.

UC Berkeley leaders discuss growth of campus innovation culture

Chancellor Rich Lyons led a panel discussion at the University of California, Berkeley during Homecoming weekend, focusing on the campus’s ongoing transformation into a center for innovation and entrepreneurship.

Federal Reserve Bank of Boston reports slight uptick in regional economic activity

Economic activity in the First District increased slightly, according to the latest Beige Book report released by the Federal Reserve Bank of Boston.

Federal Reserve Board releases minutes from August and September 2025 discount rate meetings

The Federal Reserve Board has released the minutes from its meetings held on August 18 and September 17, 2025.

Boston Fed President Collins meets Rhode Island leaders amid economic uncertainty

Federal Reserve Bank of Boston President Susan M. Collins visited Rhode Island on Tuesday to meet with business leaders, labor representatives, and entrepreneurs amid ongoing economic uncertainty.