Federal Reserve Board

244 results about this entity

Period: 17 Feb 2006 - 04 Nov 2024

Fed hack linked to Anonymous leak

The US Federal Reserve Bank has confirmed that an internal database of US bank contacts was hacked just days after the Anonymous collective leaked the names, addresses and other personal information of around 4,000 bank executives.

Repo settlement delays expose market fragility

Operational issues in the $1.87 trillion tri-party repurchase agreement market delayed settlement of some trades on Tuesday by several hours, Reuters reports.

Fed preps study on US non-cash payments usage

The US Federal Reserve is set to embark on a major study into the volume and composition of electronic and cheque payments as it bids to gain insight into a rapidly evolving landscape.

JPMorgan Chase slammed by regulators for control failings after botched derivatives bet

JPMorgan Chase has been sanctioned by US regulators for failures in its risk management operations after it lost more than $6.2 billion on a single credit derivatives trade.

Computer contractor sentenced for stealing source code from NY Fed

A Chinese computer contractor has been sentenced to six months of house arrest after pleading guilty to stealing millions of dollars worth of source code from the US Federal Reserve Bank of New York.

Know-your-customer, don't lose your customer: Atlanta Fed warns on RDC risks

The biggest risk facing financial institutions in remote deposit capture may be in losing customers if they fail to offer the product, concludes the Federal Reserve Bank of Atlanta following a year-long examination of the technology.

Chicago Fed calls for tighter control of high-speed traders

The Chicago Federal Reserve is calling for tighter controls on high frequency trading after finding that many firms are skirting the rules in the interests of speed-to-market.

US banks outline IT issues in living wills submissions

US regulators have published details of banks' plans for living wills, including information on how the organisations' IT systems will cope if they are shut down or broken up.

US payments system failing to meet the needs of the digital economy

The Federal Reserve and US Congress urgently need to plug a public policy vacuum if the national payment infrastructure is to keep up with changes in the digital economy, according to a former senior Fed executive.

Fedspeak comes to Twitter

The Federal Reserve is to distill its typically cryptic statements on economic issues to 140 characters with the launch of an official Twitter account.

All to play for: Mobile financial services used by 20% of Americans - Fed

Around 20% of Americans used their mobile phone to access financial services in 2011, while another 20% are planning to follow suit in the future, according to a Federal Reserve survey.

New York Fed contractor charged with stealing Treasury code

US authorities have charged a computer programmer with stealing proprietary software code from the Federal Reserve Bank of New York, where he was working as a contractor.