Central Bank Liquidity Swap Operations Alert! The Fed provides (6) 7-day loan operations totaling $590,500,000 in Central Bank Liquidity Swaps to: Swiss National Bank (3 loans for $107 million) and the European Central Bank (3 loans for $483.5 million).

by Dismal-Jellyfish https://www.newyorkfed.org/markets/desk-operations/central-bank-liquidity-swap-operations Say hello again to Central Bank Liquidity Swaps! In April 2009, the Federal Reserve announced foreign-currency liquidity swap lines with the Bank of England, the European Central Bank, the Bank of Japan, and the Swiss National Bank. ​ The Federal …

READ MORE

I think OCC’s report provides an expectation for a +100bps (+1%) interest rate hike. All of their models showing smallest largest losses for banks will occur when +1% increase in interest rates. Except for the big boys with >$10B, which would lose less with +300bps (+3%) in interest rate.

by laflammaster Caption: All Banks https://www.occ.gov/publications-and-… Caption: <100M in assets https://www.occ.gov/publications-and-… Caption: >=$100M, <$250M https://www.occ.gov/publications-and-… Caption: >=$250M, <$500M https://www.occ.gov/publications-and-… Caption: >=$500M, <$1B https://www.occ.gov/publications-and-… Caption: >=$1B, <$10B https://www.occ.gov/publications-and-… Caption: >$10B https://www.occ.gov/publications-and-… Caption: National Banks https://www.occ.gov/publications-and-… Caption: Stock FSAs https://www.occ.gov/publications-and-… Caption: Mutual FSAs …

READ MORE

“President Donald J. Trump Provides Resources For Veterans To Get The Care They Deserve From The Doctors They Want”

It’s about time our Veterans got better care. If the V.A. can’t do it, now they can go to someone who can. https://www.whitehouse.gov/briefings-statements/president-donald-j-trump-provides-resources-veterans-get-care-deserve-doctors-want/?utm_source=twitter&utm_medium=social&utm_campaign=wh We must always protect those who protect us. Today, it was my great honor to sign the …

READ MORE