New York Fed

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  AIG Weighs Joining Suit Against Government

  January 8, 2013

  The lawsuit, filed by former chairman Maurice “Hank” Greenberg, argues that the government was unfair to its shareholders through the way it conducted its bailout of the insurer.

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  Beyond Stock Gloom

  By Alexei Bayer  |  December 20, 2012

  Since the recovery from the worldwide financial meltdown commenced in 2009, global stock markets have closely mirrored international economic fundamentals.

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  Fed Balance Sheet to Reach $4 Trillion With Next Announcement

  By John Sullivan, AdvisorOne  |  December 11, 2012

  The Federal Reserve will “amplify record accommodation” by announcing $45 billion in monthly Treasury buying on Wednesday.

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  New York Regulator Threatens to Suspend Standard Chartered Over Iran Dealings

  By Marlene Y. Satter, AdvisorOne  |  August 7, 2012

  The New York Department of Financial Services has warned the British bank Standard Chartered that it could be suspended from doing business in the state over charges that it violated money-laundering laws in dealings with institutions in Iran that are subject to U.S. economic sanctions.

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  Congress Prods N.Y. Fed for More LIBOR Info

  By Melanie Waddell, AdvisorOne  |  July 23, 2012

  The House Financial Services Oversight and Investigations Subcommittee told the New York Fed on Monday that it wants more information about the the handling of banks’ alleged “manipulation and suppression” of LIBOR.

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  Banks May Seek Group LIBOR Settlement

  By Marlene Y. Satter, AdvisorOne  |  July 20, 2012

  Barclays has been a cautionary lesson for other banks involved in the LIBOR-rigging scandal.

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  BoE Governor Pushed for Barclays Chief’s Ouster

  By Marlene Y. Satter, AdvisorOne  |  July 17, 2012

  The British Parliament got an earful over the last couple of days as testimony continued in the LIBOR-fixing scandal.

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  Spitzer: LIBOR Scandal ‘About as Big as It Gets’

  By John Sullivan, AdvisorOne  |  July 16, 2012

  Former Gov. Eliot Spitzer of New York, no stranger to scandal himself, says there could be “very serious questions” for Treasury Secretary Tim Geithner if he failed to adequately pursue concerns about LIBOR in 2008.

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  JPMorgan’s Dimon Target of Effort to Be Booted From NY Fed Board

  By Marlene Y. Satter, AdvisorOne  |  June 25, 2012

  After calling for JPMorgan's CEO Jamie Dimon to step down from his position on the board of the New York Federal Reserve, Simon Johnson, former chief economist at the IMF, started a petition.

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  Wall Street at War

  By Kenneth Silber, Research  |  September 1, 2011

  A decade ago, the financial industry acquitted itself well in confronting a terrorist attack. Such resilience is needed more than ever in today’s and future challenges.