Last March, the Federal Reserve Bank of Cleveland FRB needed to fill 25 positions in a four-week period for an expanding operational department. At the FRB, it's necessary to go through an extensive background and reference check before being hired Last March, the Federal Reserve Bank...
FRB/Global is a large-scale macroeconomic model developed and maintained by the staff of the Board of Governors of the Federal Reserve System. The model contains the equations of the FRB/US model (discussed in the April 1997 issue of the Federal Reserve Bulletin) to represent the macroeconomic structure of the U.S....
The FRB proposed the adoption of an interpretation (the "FRB Interpretation") of the anti-tying restrictions of Section 106 of the Bank Holding Company Act ("Section 106") and issued related supervisory guidance clarifying (1) the scope and purposes of Se The FRB proposed the adoption of...
Business Editors & High-Tech Writers GARDEN GROVE, Calif.--BUSINESS WIRE--May 3, 2002 DPAC Technologies Corp. (Nasdaq:DPAC), a provider of products and services for the Integration Age, today announced that it has retained FRB / Weber Shandwick, Financial Communications, the largest firm in the U.S. dedicated to investor relations. ...
The Federal Reserve Board FRB plans to enforce economic policies that will reduce the rate of price inflation by 1% for 1996. The tightening of the country's monetary policy by the FRB has produced to the recession of the housing market during the earlyThe Federal Reserve Board FRB plans to...
Brazil, Jul 8, 2003 (Gazeta Mercantil/SABI via COMTEX) The Brazilian air company Varig and its controller FRB Fundacao Ruben Berta appealed to the Brazilian Justice against a preliminary verdict that resinstate in FRB control the members who are not favorable to the merger between...
The New York Daily News recently reported that a group of seventh graders from Intermediate School IS 201 in Hunts Point won first place in the Federal Reserve Bank's FRB 2004 Econ Bowl last week. According to the paper, the students researched both the positive and negative outcomes of...
Brazil, Aug 16, 2002 The directors of the foundation FRB Fundacao Ruben Berta has one week to reach an agreement concerning the new CEO of Brazilian air transportation group Varig and outline the restructuring plan proposed by its creditors. The creditors proposed the seizure...
The FRB requested public comment on certain proposed amendments to Regulation E ("Reg E"), which implements the Electronic Funds Transfer Act ("EFTA"), and to Reg E's official commentary. Among other things, the proposed revisions to Reg E would provide: The FRB requested public comment...
FRB, OCC and FDIC Finalize Amendments to Interstate Branch Deposit Production Prohibition The FRB, OCC and FDIC finalized amendments to their rules prohibiting interstate branches from being used primarily for deposit production to reflect changes required by the Gramm-Leach Bliley Act of 1999 (the "GLBA"). Historically, these rules...
Business Editors CHICAGO--BUSINESS WIRE--Jan. 31, 2002 Fitch Ratings has affirmed all ratings of PNC Financial PNC and its affiliates, following the forced restatement of 2001 earnings. The Rating Outlook remains Stable. A complete list of ratings follows at the end of this report. PNC has announced that...
The FRB issued a final rule (the "Rule") that modifies Regulation Y to permit bank holding companies ("BHCs") to enter into derivative contracts that involve the taking and making delivery of title to, but not physical possession of, certain commodities o The FRB issued a...
February 26, 2002 - Overview SEC Issues Statement on Compliance Date for the Bank Exceptions to Broker-Dealer Registration in the Gramm-Leach-Bliley Act FRB Issues Merchant Banking Opinion FRB Permits Bank Stock Acquisition to Hedge Equity Derivatives; OCC Expands This...
Identify theft and pretext calling: OCC, FRB, OTS and FDIC Guidance Joint agency advisory on brokered and rate-sensitive deposits Federal Reserve Board * Applicability of Section 23A of the Federal Reserve Act: FRB interim and final rules * Legal Interpretation and Supervision and Regulation Letter *...
TUSTIN, Calif.--BUSINESS WIRE--Aug. 14, 1996--Techniclone International Corp. (NASDAQ: TCLN), a biotechnology company engaged in the research and development of drug delivery systems based on monoclonal antibodies, announced today that it has retained Financial Relations Board Inc. FRB to handle outside Investor Relations.This move will be in addition to Techniclone's existing...
WASHINGTON FNS -- Retailers in many parts of the country say sales are improving, but stores in the Northeast and southern California are continuing to show problems, according to a Federal Reserve Board FRB report released Wednesday. The Los Angeles riots will effect...
The FRB finalized amendments to Regulation CC that add a new subpart D, with commentary, to implement the Check Clearing for the 21st Century Act ("Check 21") and clarify some existing provisions of Regulation CC and its commentary. Under Check 21 and the amendments to Regulation CC ("Check 21 as...
Brazil: The FRB Fundacao Ruben Berta Participacoes holding will change Varig's management structure in order to manage the group's air transportation operations directly. Besides, the move will prepare theVarig group for a future capital increa Brazil: The FRB Fundacao Ruben Berta Participacoes...
In the wake of the recent recovery in manufacturing production, the capacity utilization rates published by the Federal Reserve Board FRB have rebounded much more slowly than those published by the Institute for Supply Management ISM. As a result, some observers have speculated that the manufacturing sector may have considerably...
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