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9/11 Victims Cannot Seize Afghan Central Bank Funds, Rules US Judge
The families of victims of the September 11, 2001, terror attacks cannot seize $3.5 billion in funds belonging to Afghanistan's central bank, a New York federal judge ruled Tuesday.
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"Critical" We Understand Digital Money's Impact: US Policymaker
The development of digital currency and payments technologies could change how the Federal Reserve conducts monetary policy and the composition of its balance sheet, issues the central bank will need to work to understand, New York Fed President John Williams said Wednesday.
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IBM Chairman Arvind Krishna Elected To Board Of Directors Of New York Fed
IBM Chairman and Chief Executive Officer Arvind Krishna has been elected to the Board of Directors of the Federal Reserve Bank of New York.
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Biden Plans To Name New York Fed Market Chief Daleep Singh As National Security Deputy
The Federal Reserve Bank of New York has said that Daleep Singh, the Head of the Markets Group at the bank is set to join US President Joe Biden's administration as deputy national security adviser.
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US Investigations Reveals Bangladesh Central Bank Heist 'State Sponsored'
The heist of $81 million from the Bangladesh central bank's account at the New York Federal Reserve last year was "state-sponsored," an FBI officer in the Philippines, who has been involved in the investigations, said on Wednesday.
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How Millions From The Bangladesh Bank Heist Disappeared
When the Federal Reserve Bank of New York cleared five transactions made by the Bangladesh Bank hackers, the money went in two directions. On Thursday, February 4, the Fed's system sent $20 million to Sri Lanka and $81 million to the Philippines.
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New York Fed Defends Fund Transfer After Bangladesh Heist
After an $81 million cyber heist at the Bangladesh central bank, the Federal Reserve Bank of New York said there was no problem with its procedures for approving fund transfers, according to a letter released on Friday by a US lawmaker who had questioned those methods.
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Indian-Origin Ex-Goldman Banker Pleads Guilty to Theft of Information
An Indian-origin former Goldman Sachs banker has pleaded guilty to the theft of confidential information from the Federal Reserve Bank of New York and then using it to further his employment at the investment bank.
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Dow Rises 117 Points as Rate Hike Worries Ease
Adding to the day's bullish tone, New York Fed President William Dudley said the US central bank will need to determine whether that jobs report foreshadows a more substantial slowing in the labour market, adding he expects the path of rate hikes to be "relatively shallow."
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Dow Hits Record on Shifting Views Over Federal Reserve's Next Move
US stocks rose on Tuesday with the Dow Industrials hitting a record intraday high as markets reacted to wavering expectations over the language the Federal Reserve will use Wednesday to describe its next policy move.
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A degree in hand, but a slow start up the career ladder
About 10 million students have earned bachelor's degrees since 2008. In 2012, according to the Federal Reserve Bank of New York, almost half of recent college graduates were considered underemployed.
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Major players in the Lehman story
Five years ago, a series of black cars and SUVs lined up outside the Federal Reserve Bank of New York in lower Manhattan, ferrying some of the most important people in the US financial system to a series of meetings to discuss the fate of Lehman Brothers.
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Bangladeshi sent to 30 years in jail for foiled New York bomb plot
A judge in New York City sentenced a Bangladeshi national to 30 years in prison on Friday for attempting to bomb the Federal Reserve Bank in the Wall Street financial district last year.
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Wall Street rallies for third day as Fed concerns fade
The Dow Jones industrial average closed back above 15,000 for the first time since June 19. The Dow scored its third consecutive day of triple-digit point gains for the first time since October 4-6, 2011.
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Wall Street posts first weekly loss since mid-April on Fed angst
The S&P 500 declined for a third day on Friday, with the three major US stock indexes posting their first negative week since the middle of April on lingering concern that the US central bank may scale back its stimulus measures to support the economy.
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9/11 Victims Cannot Seize Afghan Central Bank Funds, Rules US Judge
The families of victims of the September 11, 2001, terror attacks cannot seize $3.5 billion in funds belonging to Afghanistan's central bank, a New York federal judge ruled Tuesday.
-
"Critical" We Understand Digital Money's Impact: US Policymaker
The development of digital currency and payments technologies could change how the Federal Reserve conducts monetary policy and the composition of its balance sheet, issues the central bank will need to work to understand, New York Fed President John Williams said Wednesday.
-
IBM Chairman Arvind Krishna Elected To Board Of Directors Of New York Fed
IBM Chairman and Chief Executive Officer Arvind Krishna has been elected to the Board of Directors of the Federal Reserve Bank of New York.
-
Biden Plans To Name New York Fed Market Chief Daleep Singh As National Security Deputy
The Federal Reserve Bank of New York has said that Daleep Singh, the Head of the Markets Group at the bank is set to join US President Joe Biden's administration as deputy national security adviser.
-
US Investigations Reveals Bangladesh Central Bank Heist 'State Sponsored'
The heist of $81 million from the Bangladesh central bank's account at the New York Federal Reserve last year was "state-sponsored," an FBI officer in the Philippines, who has been involved in the investigations, said on Wednesday.
-
How Millions From The Bangladesh Bank Heist Disappeared
When the Federal Reserve Bank of New York cleared five transactions made by the Bangladesh Bank hackers, the money went in two directions. On Thursday, February 4, the Fed's system sent $20 million to Sri Lanka and $81 million to the Philippines.
-
New York Fed Defends Fund Transfer After Bangladesh Heist
After an $81 million cyber heist at the Bangladesh central bank, the Federal Reserve Bank of New York said there was no problem with its procedures for approving fund transfers, according to a letter released on Friday by a US lawmaker who had questioned those methods.
-
Indian-Origin Ex-Goldman Banker Pleads Guilty to Theft of Information
An Indian-origin former Goldman Sachs banker has pleaded guilty to the theft of confidential information from the Federal Reserve Bank of New York and then using it to further his employment at the investment bank.
-
Dow Rises 117 Points as Rate Hike Worries Ease
Adding to the day's bullish tone, New York Fed President William Dudley said the US central bank will need to determine whether that jobs report foreshadows a more substantial slowing in the labour market, adding he expects the path of rate hikes to be "relatively shallow."
-
Dow Hits Record on Shifting Views Over Federal Reserve's Next Move
US stocks rose on Tuesday with the Dow Industrials hitting a record intraday high as markets reacted to wavering expectations over the language the Federal Reserve will use Wednesday to describe its next policy move.
-
A degree in hand, but a slow start up the career ladder
About 10 million students have earned bachelor's degrees since 2008. In 2012, according to the Federal Reserve Bank of New York, almost half of recent college graduates were considered underemployed.
-
Major players in the Lehman story
Five years ago, a series of black cars and SUVs lined up outside the Federal Reserve Bank of New York in lower Manhattan, ferrying some of the most important people in the US financial system to a series of meetings to discuss the fate of Lehman Brothers.
-
Bangladeshi sent to 30 years in jail for foiled New York bomb plot
A judge in New York City sentenced a Bangladeshi national to 30 years in prison on Friday for attempting to bomb the Federal Reserve Bank in the Wall Street financial district last year.
-
Wall Street rallies for third day as Fed concerns fade
The Dow Jones industrial average closed back above 15,000 for the first time since June 19. The Dow scored its third consecutive day of triple-digit point gains for the first time since October 4-6, 2011.
-
Wall Street posts first weekly loss since mid-April on Fed angst
The S&P 500 declined for a third day on Friday, with the three major US stock indexes posting their first negative week since the middle of April on lingering concern that the US central bank may scale back its stimulus measures to support the economy.
