Federal Reserve Bulletin

A quarterly report written by the Board of Governors of the Federal Reserve system. Articles provide updates and analysis of economic developments, discuss bank regulatory issues, and present new data. Issues contain a quarterly report of the banking indu

Articles from Vol. 87, No. 2, February

Applications Approved under Bank Holding Company Act
APPLICATIONS APPROVED UNDER BANK HOLDING COMPANY ACT By the Secretary of the Board Recent applications have approved by the Secretary of the Board as listed below. Copies are available upon request to the Freedom of Information Office, Office of the...
Applications Approved under Bank Merger Act
APPLICATIONS APPROVED UNDER BANK MERGER ACT By the Secretary of the Board Recent applications have approved by the Secretary of the Board as listed below. Copies are available upon request to the Freedom of Information Office, Office of the Secretary,...
Changes in Board Staff
The Board of Governors approved on December 20, 2000, a restructuring of the Division of Banking Supervision and Regulation. The principal objectives of the reorganization are the following: * Focus more effectively on major supervisory risks and...
Enforcement Actions and Termination of Previous Actions
The Federal Reserve Board on December 12, 2000, announced the issuance of several enforcement actions related to foreign banking organizations that had been involved with Operation Casablanca. Operation Casablanca was a law enforcement undercover...
Final Enforcement Decision Issued by the Board of Governors
In the Matter of a Notice to Prohibit Further Participation Against Kaye G. Hill Former Employee, Barnett Bank, N.A. Jacksonville, Florida Docket No. 0CC-AA-EC-00-24 Final Decision This is an administrative proceeding pursuant to the Federal...
Final Rule-Amendment to Regulation Y
The Board of Governors is amending 12 C.F.R. Part 225, its Regulation Y (Bank Holding Companies and Change in Bank Control), by adding acting as a finder to the list of activities that a financial holding company may conduct using the streamlined post-transaction...
Financial and Business Statistics
Guide to Tabular Presentation SYMBOLS AND ABBREVIATIONS (c) Corrected (e) Estimated n.a. Not available n.e.c. Not elsewhere classified (p) Preliminary (r) Revised (Notation appears on column heading when about...
Industrial Production and Capacity Utilization for December 2000
Released for publication January 17 Industrial production fell 0.6 percent in December after two months of smaller losses. After having slowed in the third quarter, industrial output contracted at an annual rate of 1.1 percent in the fourth quarter,...
Minutes of the Meeting of the Federal Open Market Committee Held on November 15, 2000
A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., on Wednesday, November 15, 2000, at 9:00 a.m. Present: Mr. Greenspan, Chairman Mr. McDonough, Vice...
Orders Issued under Bank Holding Company Act
Orders Issued Under Sections 3 and 4 of the Bank Holding Company Act The Chase Manhattan Corporation New York, New York J.P. Morgan & Co. Incorporated New York, New York Order Approving the Merger of Bank Holding Companies, Merger of Banks,...
Orders Issued under International Banking Act
Euroclear Bank Brussels, Belgium Order Approving Establishment of a Representative Office Euroclear Bank ("Bank"), Brussels, Belgium, a foreign bank within the meaning of the International Banking Act ("IBA"), has applied under section 10(a)...
Pending Cases Involving the Board of Governors
This list of pending cases does not include suits against the Federal Reserve Banks in which the Board of Governors is not named a party. Dime Bancorp, Inc. v. Board of Governors, No. 00-4249 (2d Cir., filed December 11, 2000). Petition for review...
Proposed Amendments to Regulation Z regarding Hoepa
The Federal Reserve Board on December 13, 2000, proposed amending the provisions of the Board's Regulation Z (Truth in Lending) that implement the Home Ownership and Equity Protection Act (HOEPA) of 1994. The Board seeks public comment on the proposed...
Publication of the December 2000 Update to the Bank Holding Company Supervision Manual
The December 2000 update to the Bank Holding Company Supervision Manual, Supplement No. 19, has been published and is now available. The Manual comprises the Federal Reserve System's bank holding company (BHC) supervisory and inspection guidance. The...
Supervision of Large Complex Banking Organizations
Over the past decade, the long-term trends of consolidation and innovation in the U.S. banking system have intensified. Today a large proportion of assets held by U.S. banking organizations is concentrated in a small number of companies, and U.S. banking...