federal reserve bank of new york

A cornerstone in the Federal Reserve Bank of New York building is seen on July 29, 2011 in New York City.

In a rare on-the-record interview, the president of the Federal Reserve Bank of New York said the Fed’s program was not intended to affect the dollar’s value.

A House committee probing bailout deals has subpoenaed the Federal Reserve Bank of New York for correspondence from Treasury Secretary Timothy Geithner and other officials.

Insurance giant American International Group Inc said on Tuesday it had closed two transactions that reduce its debt with the Federal Reserve Bank of New York by $25 billion through two debt-for-equity swaps.

There are two sides to every story, and sometimes three, four or five. An audit by the Special Inspector General for the Troubled Asset Relief Program claims that the Federal Reserve Bank of New York allowed banks to get 100% of the value of complicated financial instruments that they had insured with AIG (AIG).

The Federal Reserve Bank of New York has named a top state labor union official its chairman, the bank announced Monday.

The Federal Reserve Bank of New York on Friday announced the creation of an investor advisory group, part of its ongoing efforts to closely monitor economic and financial conditions.

Under the deal, A.I.G. will give the Federal Reserve Bank of New York preferred interests in its two largest life insurance units outside the United States.

Goldman Sachs director Stephen Friedman, who resigned Thursday as chairman of the Federal Reserve Bank of New York's board, defended his conduct Friday in serving in both posts.

Stephen Friedman, chairman of the Federal Reserve Bank of New York's board of directors, has resigned effectively immediately, the bank announced Thursday.