In October 2023, the Federal Reserve System announced that its
The E-Manifest Service replaces the manual process of matching paper manifests for deposits and orders at Federal Reserve docks with technology that enables scanning and an electronic exchange of data. This modernization is designed to bring greater transparency and efficiency to U.S. cash supply chain logistics.
In a speech, Federal Reserve Gov. Adriana Kugler said sound monetary policy comes when electoral politics are kept out of central banking.
Customized perks, AI-driven solutions and even freelance employees are all in play at banks as human resource managers confront the challenge of recruitment and retention.
The Arkansas Republican, who could be the next chairman of the top banking panel in the House, could find some areas of agreement with Democratic Senate Banking Committee ranking member Elizabeth Warren on issues like failed bank resolution reform.
The incoming Trump administration is expected to prioritize an activities-based oversight approach to nonbank entities, just as the Biden administration has. It may also leave its designation power intact, but unused.
The top five community banks averaged a return on average equity of 115.97% as of June 30.
California's banking market, shaken up by big acquisitions and last year's crisis, is drawing financial institutions seeking opportunity.
