Federal Reserve Board and Federal Open Market Committee release economic projections from the March 17-18 FOMC meeting

The Federal Reserve Board and the Federal Open Market Committee (FOMC) on March 18, 2026, released their Summary of Economic Projections (SEP), offering a comprehensive outlook on the U.S. economy…

UniCredit CEO Signals Potential Hostile Bid for Commerzbank Amidst Stalled Negotiations

The current situation is described as "difficult," with the CEO emphasizing that the "only way" to resolve it is through "constructive personal commitment." Talks are hoped to lead to a…

Federal Reserve Board announces it will hold a hybrid public outreach meeting on Thursday, March 26, as part of its review of regulations under the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA)

Understanding the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) The Economic Growth and Regulatory Paperwork Reduction Act, enacted in 1996, represents a landmark piece of legislation aimed at fostering…

Federal Reserve Board announces approval of application by Fulton Financial Corporation

Federal Reserve Greenlights Major Regional Bank Acquisition The approval by the Federal Reserve Board is the culmination of an extensive review process, typical for transactions of this magnitude involving publicly…

Federal Reserve Board Requests Comment on Proposal to Codify Removal of Reputation Risk from Bank Supervision

The Federal Reserve Board, on Monday, February 23, 2026, at 5:00 p.m. EST, announced a pivotal request for public comment on a proposal designed to formally codify the removal of…

Federal Reserve Board Issues Enforcement Action Against Former First Financial Bank Employee for Misappropriation of Customer Funds

WASHINGTON D.C. – The Federal Reserve Board on Tuesday, February 24, 2026, announced a significant enforcement action against Jamal Hillman, a former employee of First Financial Bank, based in Cincinnati,…

The Iran War Leaves Financial Experts Significantly More Pessimistic About the German Economy

The escalating tensions and potential for a broader conflict involving Iran have cast a long shadow over the German economic outlook, prompting a sharp decline in financial experts’ sentiment. The…

Minutes of the Board’s discount rate meetings on January 20 and 28, 2026

The Federal Reserve Board on Tuesday, February 24, 2026, released the detailed minutes from its recent deliberations concerning the discount rates offered to depository institutions via the discount window. These…

Federal Reserve Board issues enforcement actions with former employee of East Cambridge Savings Bank and former employee of United Bank

The Federal Reserve’s Mandate: Upholding Banking Integrity The Federal Reserve Board, as the central bank of the United States, bears a multifaceted responsibility that includes supervising and regulating banking institutions…

UniCredit Launches Multi-Billion Euro Takeover Bid for Commerzbank, Sparking Strong Reactions from Frankfurt and Berlin

The Italian banking giant UniCredit has intensified its pursuit of Commerzbank, Germany’s second-largest private bank, by announcing a significant takeover bid. This bold move has immediately drawn sharp and critical…