Federal Reserve - The Canadian Media

US Fed imposes $186 mn fine on Deutsche Bank over unsafe practices

July 20, 2023July 20, 2023 - by cmedia

#DeutscheBank, #Fed, #FederalReserve, #Banking IBNS: The US Federal Reserve has imposed a fine of $186 million on German lender Deutsche Bank for violations related to sanctions and deemed “unsafe and unsound” banking practices …

Finance/Business

US Federal Reserve has increased policy rate by 25 basis points

March 22, 2023March 22, 2023 - by cmedia

IBNS: The United States Federal Reserve has increased the policy rate by 25 basis points, resulting in a new range of 4.75% to 5%. The Federal Open Market Committee said …