Federal Reserve Board

244 results about this entity

Period: 17 Feb 2006 - 04 Nov 2024

US financial sector passes resiliency test

Federal regulatory agencies in the US say that clearing and settlement organisations and other firms that play significant roles in critical financial markets are now considerably more resilient to wide-scale disruptions than before September 11.

US regulators urge banks to plan for bird flu

US regulators are urging financial institutions across the country to devise contingency plans for dealing with a possible widespread outbreak of avian flu.

Dealers pledge to create electronic credit derivatives market

Leading credit derivatives dealers have pledged to cut the backlog of unconfirmed trades littering back offices by 70% by the end of June, as part of a package of measures aimed at creating a largely-electronic marketplace.

Credit derivatives dealers meet Fed targets

The Federal Reserve Bank of New York says the world's major derivatives dealers have met initial targets for reducing the backlog of unconfirmed trades in the booming $12.4 trillion credit derivatives market.