Regional banking

FILE - This Feb. 5, 2018, file photo shows the seal of the Board of Governors of the United States Federal Reserve System in the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington. President Donald Trump says on Twitter he will nominate economists Christopher Waller and Judy Shelton to fill two vacancies on the Federal Reserve Board of Governors. (AP Photo/Andrew Harnik, File)
July 02, 2019 - 8:33 pm
WASHINGTON (AP) — President Donald Trump, who has criticized the Federal Reserve for not cutting interest rates, said Tuesday that he intends to nominate two economists to fill influential positions on the central bank's Board of Governors. Trump said he would name to the board Christopher Waller,...
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FILE - In this April 23, 2019, file photo building cranes are seen at the construction site of a condominium complex with the Lower Manhattan skyline seen in the background in Weehawken, N.J. The Federal Reserve releases its latest "Beige Book" survey of economic conditions on Wednesday, June 5. The Beige Book is based on anecdotal reports from businesses and will be considered along with other data when Fed policymakers meet next. (AP Photo/Julio Cortez, File)
June 05, 2019 - 2:30 pm
WASHINGTON (AP) — Most areas of the country saw a slight improvement in economic activity in the spring, but those gains were tempered by concerns over rising trade tensions, the Federal Reserve said Wednesday. In its latest report on economic conditions nationwide, the Fed said businesses reported...
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FILE - In this June 20, 2014 file photo, Herman Cain, CEO, The New Voice, speaks during Faith and Freedom Coalition's Road to Majority event in Washington. Trump says Herman Cain withdraws from consideration for Fed seat amid focus on past allegations. (AP Photo/Molly Riley, File)
April 04, 2019 - 6:37 pm
WASHINGTON (AP) — President Donald Trump said Thursday that he intends to nominate Herman Cain, a conservative political ally and former presidential candidate, for a seat on the Federal Reserve board. "I've told my folks that's the man," Trump told reporters in the Oval Office, adding that Cain is...
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FILE - In this June 20, 2014 file photo, Herman Cain, CEO, The New Voice, speaks during Faith and Freedom Coalition's Road to Majority event in Washington. Trump says Herman Cain withdraws from consideration for Fed seat amid focus on past allegations. (AP Photo/Molly Riley, File)
April 04, 2019 - 5:36 pm
WASHINGTON (AP) — President Donald Trump said Thursday he is recommending Herman Cain, a political ally and former presidential candidate, for a seat on the Federal Reserve board. "I've told my folks that's the man," Trump told reporters in the Oval Office, saying that Cain is currently going...
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February 07, 2019 - 7:01 am
ATLANTA (AP) — Southern regional banks BB&T and SunTrust are combining in an all-stock deal to create a new bank valued at about $66 billion. The banks said Thursday that the combined company will be the sixth-largest U.S. bank based on assets and deposits. It will have approximately $442...
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FILE - In this Nov. 14, 2018 file photo, the shadow of a worker falls on a fence at the construction site of a convenience store in Victorville, Calif. On Wednesday, Jan. 16, 2019, the Federal Reserve releases its latest "Beige Book" survey of economic conditions. The Beige Book is based on anecdotal reports from businesses and will be considered along with other data when Fed policymakers meet next. (James Quigg/The Daily Press via AP, File)
January 16, 2019 - 4:41 pm
WASHINGTON (AP) — The Federal Reserve said Wednesday business contacts in many regions of the country are expressing less optimism amid a host of adverse developments, from plunging stock prices to uncertainty about a widening trade war. In its latest report on economic conditions around the...
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FILE- In this July 18, 2018, file photo Federal Reserve Board Chair Jerome Powell put on his glasses while testifying during a House Committee on Financial Services hearing on Capitol Hill in Washington. Powell gives the keynote address Friday, Aug. 24, at an annual conference of central bankers in Jackson Hole, Wyo. (AP Photo/Jacquelyn Martin, File)
August 23, 2018 - 4:36 pm
WASHINGTON (AP) — Two top Federal Reserve officials said Thursday that President Donald Trump's complaints that the Fed's interest rate increases risk hurting the U.S. economy won't affect their decisions on whether to raise rates. Esther George, president of the Fed's Kansas City regional bank,...
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FILE- In this July 18, 2018, file photo Federal Reserve Board Chair Jerome Powell put on his glasses while testifying during a House Committee on Financial Services hearing on Capitol Hill in Washington. Powell gives the keynote address Friday, Aug. 24, at an annual conference of central bankers in Jackson Hole, Wyo. (AP Photo/Jacquelyn Martin, File)
August 23, 2018 - 4:12 pm
WASHINGTON (AP) — A top Federal Reserve official said Thursday that she favors two more interest rate increases this year despite complaints from President Donald Trump that the Fed's continuing rate hikes risk slowing the U.S. economy. Esther George, president of the Fed's Kansas City regional...
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FILE- In this Oct. 30, 2015, file photo John Williams, president of the Federal Reserve Bank of San Francisco, is interviewed by The Associated Press in Washington. Williams, currently president of the Fed’s San Francisco regional bank, said that he still expects a gradual pace of three to four increases in the Fed’s key interest rate this year. He spoke in an interview with CNBC after the government reported that the unemployment rate fell to 3.9 percent in April, the lowest level in more than 17 years, with 164,000 jobs created. (AP Photo/Manuel Balce Ceneta, File)
May 04, 2018 - 6:27 pm
WASHINGTON (AP) — With steady growth, low unemployment and tame inflation, the U.S. is experiencing a "Goldilocks" economy: Not too hot. Not too cold. But just right. So says a top Federal Reserve official, who on Friday suggested that the unemployment rate could fall further to 3.5 percent with...
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FILE - In this Aug. 11, 2015, file photo, a motorcycle travels through lanes of vehicles during rush hour traffic in the financial district of Makati, south of Manila, Philippines. The Asian Development Bank said in a report Wednesday, April 11, 2018, the bank is forecasting that developing Asian economies will expand slightly faster than expected this year but warns U.S. trade tensions are a major risk to its forecast. (AP Photo/Aaron Favila, File)
April 10, 2018 - 9:50 pm
HONG KONG (AP) — The Asian Development Bank is forecasting that developing Asian economies will expand at a slightly faster pace this year than earlier expected, but U.S. trade tensions pose a major risk. The Manila, Philippines-based regional bank said in a report Wednesday that it expects...
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