NY Fed | News http://newyorkfed.org/rss/index.html The latest posts in the news http://www.newyorkfed.org/termsofuse.html New York Fed accepts $26.10 billion through its Term Securities Lending Facility http://www.newyorkfed.org/markets/tslf/termseclending.cfm?date=070308 New York Fed accepts $26.10 billion through its Term Securities Lending Facility 2008-07-03T11:36:01-4:00 en New York Fed accepts $26.10 billion through its Term Securities Lending Facility 2008-07-03 NYFed New York Fed accepts $26.10 billion through its Term Securities Lending Facility http://www.newyorkfed.org/markets/tslf/termseclending.cfm?date=070308 New York Fed accepts $26.10 billion through its Term Securities Lending Facility Statement Regarding System Open Market Account Activity http://www.newyorkfed.org/markets/operating_policy_070308.html Given the current level of the Federal Reserve's System Open Market Account ("SOMA") Treasury bill holdings, the Open Market Trading Desk plans to invest the proceeds from maturing bills into new 4-week bill offerings until further notice. This practice will not change the total amount of Treasury bills owned by SOMA. 2008-07-03T11:11:42-4:00 en Statement Regarding System Open Market Account Activity 2008-07-03 NYFed Statement Regarding System Open Market Account Activity http://www.newyorkfed.org/markets/operating_policy_070308.html Given the current level of the Federal Reserve's System Open Market Account ("SOMA") Treasury bill holdings, the Open Market Trading Desk plans to invest the proceeds from maturing bills into new 4-week bill offerings until further notice. This practice will not change the total amount of Treasury bills owned by SOMA. New York Fed offers $50 billion through its Term Securities Lending Facility http://www.newyorkfed.org/markets/tslf/termseclending.cfm?date=070208 New York Fed offers $50 billion through its Term Securities Lending Facility 2008-07-02T13:05:50-4:00 en 2008-07-02 NYFed New York Fed offers $50 billion through its Term Securities Lending Facility http://www.newyorkfed.org/markets/tslf/termseclending.cfm?date=070208 New York Fed offers $50 billion through its Term Securities Lending Facility New York Fed Names Eight Assistant Vice Presidents and 16 Officers http://www.newyorkfed.org/newsevents/news/aboutthefed/2008/oa070108.html The Federal Reserve Bank of New York announced that its board of directors has approved the promotion of eight officers to assistant vice president rank and named 16 new officers at the Bank. 2008-07-01T14:11:51-4:00 en New York Fed Names Eight Assistant Vice Presidents and 16 Officers 2008-07-01 NYFed New York Fed Names Eight Assistant Vice Presidents and 16 Officers http://www.newyorkfed.org/newsevents/news/aboutthefed/2008/oa070108.html The Federal Reserve Bank of New York announced that its board of directors has approved the promotion of eight officers to assistant vice president rank and named 16 new officers at the Bank. New York Fed Names Five Senior Vice Presidents and 10 Vice Presidents http://www.newyorkfed.org/newsevents/news/aboutthefed/2008/oa070108b.html The Federal Reserve Bank of New York's board of directors has approved the promotion of five senior vice presidents and 10 vice presidents. 2008-07-01T14:10:35-4:00 en New York Fed Names Five Senior Vice Presidents and 10 Vice Presidents 2008-07-01 NYFed New York Fed Names Five Senior Vice Presidents and 10 Vice Presidents http://www.newyorkfed.org/newsevents/news/aboutthefed/2008/oa070108b.html The Federal Reserve Bank of New York's board of directors has approved the promotion of five senior vice presidents and 10 vice presidents. Approval of Application by Modern Bank Management, New York http://www.newyorkfed.org/newsevents/news/banking/2008/ma080626b.html The Federal Reserve Bank of New York approved the application of Modern Bank Management LLC, Modern Bank Partners LLC and Modern Financial Inc. to acquire 100 percent of the voting shares of Modern Bank, N.A., all of New York, New York. 2008-06-26T16:35:58-4:00 en Approval of Application by Modern Bank Management, New York 2008-06-26 NYFed Approval of Application by Modern Bank Management, New York http://www.newyorkfed.org/newsevents/news/banking/2008/ma080626b.html The Federal Reserve Bank of New York approved the application of Modern Bank Management LLC, Modern Bank Partners LLC and Modern Financial Inc. to acquire 100 percent of the voting shares of Modern Bank, N.A., all of New York, New York. New York Fed Completes Financing Arrangement Related to JPMorgan Chase's Acquisition of Bear Stearns http://www.newyorkfed.org/newsevents/news/markets/2008/ma080626.html The Federal Reserve Bank of New York announced today that it has completed certain arrangements associated with JPMorgan Chase and Co.'s acquisition of Bear Stearns Companies Inc. To facilitate the arrangements, the New York Fed has extended a $28.82 billion loan and JPMorgan Chase and Co. has extended a $1.15 billion loan to a Delaware limited liability company (LLC). 2008-06-26T14:44:10-4:00 en New York Fed Completes Financing Arrangement Related to JPMorgan Chase's Acquisition of Bear Stearns 2008-06-26 NYFed New York Fed Completes Financing Arrangement Related to JPMorgan Chase's Acquisition of Bear Stearns http://www.newyorkfed.org/newsevents/news/markets/2008/ma080626.html The Federal Reserve Bank of New York announced today that it has completed certain arrangements associated with JPMorgan Chase and Co.'s acquisition of Bear Stearns Companies Inc. To facilitate the arrangements, the New York Fed has extended a $28.82 billion loan and JPMorgan Chase and Co. has extended a $1.15 billion loan to a Delaware limited liability company (LLC). New York Fed accepts $15.40 billion through its Term Securities Lending Facility http://www.newyorkfed.org/markets/tslf/termseclending.cfm?date=062608 New York Fed accepts $15.40 billion through its Term Securities Lending Facility 2008-06-26T14:38:19-4:00 en New York Fed accepts $15.40 billion through its Term Securities Lending Facility 2008-06-26 NYFed New York Fed accepts $15.40 billion through its Term Securities Lending Facility http://www.newyorkfed.org/markets/tslf/termseclending.cfm?date=062608 New York Fed accepts $15.40 billion through its Term Securities Lending Facility New York Fed Names New Executive Vice President http://www.newyorkfed.org/newsevents/news/aboutthefed/2008/oa062608b.html Edward C. Smith, general auditor of the Federal Reserve Bank of New York has been named executive vice president. 2008-06-26T10:34:16-4:00 en New York Fed Names New Executive Vice President 2008-06-26 NYFed New York Fed Names New Executive Vice President http://www.newyorkfed.org/newsevents/news/aboutthefed/2008/oa062608b.html Edward C. Smith, general auditor of the Federal Reserve Bank of New York has been named executive vice president. New York Fed Creates New Group and Names Sandra C. Krieger Executive Vice President http://www.newyorkfed.org/newsevents/news/aboutthefed/2008/oa062608c.html New York Fed president Timothy F. Geithner announced today the formation of a new Payments Policy and Credit Risk Management Group. The Bank's board of directors promoted Sandra C. Krieger to executive vice president and named her to head the new group. Ms. Krieger will also become a member of the Bank's Management Committee. 2008-06-26T10:32:55-4:00 en New York Fed Creates New Group and Names Sandra C. Krieger Executive Vice President 2008-06-26 NYFed New York Fed Creates New Group and Names Sandra C. Krieger Executive Vice President http://www.newyorkfed.org/newsevents/news/aboutthefed/2008/oa062608c.html New York Fed president Timothy F. Geithner announced today the formation of a new Payments Policy and Credit Risk Management Group. The Bank's board of directors promoted Sandra C. Krieger to executive vice president and named her to head the new group. Ms. Krieger will also become a member of the Bank's Management Committee. New York Fed Creates New Group and Names Calvin A. Mitchell III Executive Vice President http://www.ny.frb.org/newsevents/news/aboutthefed/2008/oa062608.html Timothy F. Geithner, president and chief executive officer of the Federal Reserve Bank of New York, announced today the formation of a new Communications Group. The Bank's board of directors promoted Calvin A. Mitchell III to executive vice president and named him to head the new group. He is a member of the Bank's Management Committee. 2008-06-26T10:29:50-4:00 en New York Fed Creates New Group and Names Calvin A. Mitchell III Executive Vice President 2008-06-26 NYFed New York Fed Creates New Group and Names Calvin A. Mitchell III Executive Vice President http://www.ny.frb.org/newsevents/news/aboutthefed/2008/oa062608.html Timothy F. Geithner, president and chief executive officer of the Federal Reserve Bank of New York, announced today the formation of a new Communications Group. The Bank's board of directors promoted Calvin A. Mitchell III to executive vice president and named him to head the new group. He is a member of the Bank's Management Committee. New York Fed offers $25 billion through its Term Securities Lending Facility http://www.newyorkfed.org/markets/tslf/termseclending.cfm?date=062508 New York Fed offers $25 billion through its Term Securities Lending Facility 2008-06-25T13:07:49-4:00 en New York Fed offers $25 billion through its Term Securities Lending Facility 2008-06-25 NYFed New York Fed offers $25 billion through its Term Securities Lending Facility http://www.newyorkfed.org/markets/tslf/termseclending.cfm?date=062508 New York Fed offers $25 billion through its Term Securities Lending Facility New York Fed accepts $36.80 billion through its Term Securities Lending Facility http://www.newyorkfed.org/markets/tslf/termseclending.cfm?date=061908 New York Fed accepts $36.80 billion through its Term Securities Lending Facility 2008-06-19T14:35:12-4:00 en New York Fed accepts $36.80 billion through its Term Securities Lending Facility 2008-06-19 NYFed New York Fed accepts $36.80 billion through its Term Securities Lending Facility http://www.newyorkfed.org/markets/tslf/termseclending.cfm?date=061908 New York Fed accepts $36.80 billion through its Term Securities Lending Facility New York Fed offers $75 billion through its Term Securities Lending Facility http://www.newyorkfed.org/markets/tslf/termseclending.cfm?date=061808 New York Fed offers $75 billion through its Term Securities Lending Facility 2008-06-18T13:01:55-4:00 en New York Fed offers $75 billion through its Term Securities Lending Facility 2008-06-18 NYFed New York Fed offers $75 billion through its Term Securities Lending Facility http://www.newyorkfed.org/markets/tslf/termseclending.cfm?date=061808 New York Fed offers $75 billion through its Term Securities Lending Facility Manufacturing activity continued to deteriorate in June - Empire State Manufacturing Survey http://www.newyorkfed.org/survey/empire/empiresurvey_overview.html The Empire State Manufacturing Survey indicates that manufacturing activity in New York State continued to deteriorate in June. The general business conditions index fell 5 points, to -8.7. The indexes for new orders, shipments, and unfilled orders were negative and lower than their May levels. The prices paid index remained elevated, falling only slightly below last month's record high. The prices received index rose markedly and, at 26.7, approached a record level; the future prices received index also rose sharply, reaching a record high of 47.7. Employment indexes hovered around zero. Future indexes generally improved only slightly from the relatively low levels of the past several months, although the capital expenditures index rose several points. 2008-06-16T08:48:27-4:00 en Manufacturing activity continued to deteriorate in June 2008-06-16 NYFed Manufacturing activity continued to deteriorate in June - Empire State Manufacturing Survey http://www.newyorkfed.org/survey/empire/empiresurvey_overview.html The Empire State Manufacturing Survey indicates that manufacturing activity in New York State continued to deteriorate in June. The general business conditions index fell 5 points, to -8.7. The indexes for new orders, shipments, and unfilled orders were negative and lower than their May levels. The prices paid index remained elevated, falling only slightly below last month's record high. The prices received index rose markedly and, at 26.7, approached a record level; the future prices received index also rose sharply, reaching a record high of 47.7. Employment indexes hovered around zero. Future indexes generally improved only slightly from the relatively low levels of the past several months, although the capital expenditures index rose several points.