Federal Reserve Bank Of New York

As default rates climb, investors short companies from debt manager Navient to student-housing providers. A doomsday scenario?
Bloomberg LP has released the first agency-neutral platform allowing investors to process and confirm tri-party repo trades with both clearing banks Bank of New York Mellon and J.P. Morgan.
Federal Reserve Bank of New York has appointed Glenn Hutchins and Terry Lundgren as class B directors.
The Federal Reserve Bank of New York is tightening its monitoring of European lenders to check their vulnerability amid signs of growing financial stress.
Gibraltar Private Bank & Trust has appointed Jonathan Hill as investment strategy specialist.
The Federal Reserve Bank of New York has asked Royal Bank of Scotland to submit a risk management plan.
The regulators in U.S. have warned lenders to protect their risk-management staff and systems from any planned cost cuts.
The Federal Reserve Bank of New York is seeking to expand its counterparties for reverse repo operations to include government-sponsored enterprises.
The Federal Reserve Bank of New York has proposed including government-sponsored enterprises as designated counterparties for reverse repurchases, reports Bloomberg.
The Federal Reserve Bank of New York purchased $1 billion of the U.S. currency on March 18, when the group of seven nations intervened to cut short the surge in the yen.