Federal Reserve

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About the Federal Reserve

Often referred to as "the fed" on news programs and in various newspapers and blogs, the Federal Reserve is the main bank of the United States and it's central purpose is to maintain the stability and health of the United States financial systems.

Federal Reserve and Banking News

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Finance and Banking News

New Jersey Community Bank Promotes Naqi "Nick" A. Naqvi to Executive Vice ...
Naqvi, who previously served as Senior Vice President and Chief Financial Officer, will continue to oversee all of the Bank's accounting, finance and investment functions, along with shareholder relations and benefits administration.
Magma Fincorp plans to start gold finance biz in first half of FY13
MUMBAI: Magma Fincorp, the retail finance NBFC, is planning to start its gold finance business in the first half of next financial year and doesn't forsee any regulatory hurdle in beginning this new segment. "We are a non-deposit taking non-banking ...
Fed Official: Central Bank Swap Lines Seem To Be Improving Dollar Funding
The Fed hasn't "lost a penny," he said, stressing that the financing carries no exchange rate or interest rate risk to the central bank. He also told the Senate Banking Committee looking at the risks to the US of the euro crisis the Fed's ...

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