Federal Reserve July 2023 Survey Reports Ever Tightening Bank Loan Standards

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The Board of Governors Of The Federal Reserve System releases what it calls a “Senior Loan Officer Opinion Survey on Bank Lending Practices” four times a year, in January, April, July, and October. According to The Federal Reserve, the “Senior Loan Officer Opinion Survey on Bank Lending Practices” is a “Survey of up to eighty … Read more

Federal Reserve Board Hits UBS Group AG With $268.5 Million Fine For Misconduct By Credit Suisse

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Federal Reserve Board announces a consent order and a $268.5 million fine with UBS Group AG, of Zurich, Switzerland, for misconduct by Credit Suisse, which UBS subsequently acquired in June 2023 The Federal Reserve Board on Monday announced a consent order and a $268.5 million fine with UBS Group AG, of Zurich, Switzerland, for misconduct … Read more