Federal Reserve Board announces approval of the application by FS Bancorp, Inc.

Background and Strategic Rationale FS Bancorp, Inc. operates primarily through its wholly-owned subsidiary, First Sound Bank, which has established itself as a robust community bank serving businesses and individuals across…

Federal Reserve Board announces approval of the application by Banco Santander, S.A. and Santander Holdings USA, Inc.

The Federal Reserve Board on Tuesday, August 04, 2026, formally announced its approval of the application submitted by Banco Santander, S.A., based in Madrid, Spain, and its U.S. subsidiary, Santander…

The Unconventional Philanthropist: Kai Viehof’s Mission to Redistribute Inherited Wealth

Kai Viehof defies the stereotype of a millionaire. His unassuming demeanor, marked by a slight build, a casually tousled beard, and subtle ear piercings, stands in stark contrast to the…

Minutes of the Federal Open Market Committee, July 28–29, 2026 Released, Revealing Key Policy Insights.

The Federal Reserve on Wednesday, August 19, 2026, at 2:00 p.m. EDT, released the highly anticipated minutes from the Federal Open Market Committee (FOMC) meeting held on July 28–29, 2026.…

US Economy Shows Modest Growth Amidst Rising Uncertainty

The United States economy has experienced a period of modest expansion in recent weeks, according to the Federal Reserve’s latest Beige Book report. This observation comes as the central bank…

Schufa CEO Defends Use of Historical Data Amidst "Shadow Database" Controversy

Frankfurt – Tanja Birkholz, the chief executive of credit bureau Schufa, has adopted a combative stance in the ongoing legal dispute concerning what has been dubbed "shadow databases," asserting that…

Banken-Gipfel Day 1: Key Statements and Emerging Themes from the Financial Industry’s Premier Event

The summer break for the financial industry has officially concluded with the commencement of the Handelsblatt Banking Summit, a pivotal gathering that brings together leaders, policymakers, and experts to dissect…

The Chances for Germany Are Good

Despite prevailing geopolitical uncertainties, Franz von Metzler, a board member and shareholder of a venerable Frankfurt-based bank, expresses a confident outlook on the stock market. He anticipates a shift in…

Minutes of the Board’s discount rate meetings on July 20 and July 29, 2026

The Federal Reserve Board on Tuesday, August 25, 2026, released the detailed minutes from its recent meetings held on July 20 and July 29, 2026. These disclosures provide crucial insights…

Wall Street Tumbles as Oil Prices Surge Following U.S. Military Actions

New York – U.S. stock markets continued their downward trend on Tuesday, mirroring declines seen at the start of the week. The Dow Jones Industrial Average, the S&P 500, and…