R. Kinney Williams - Yennik, Inc.®
R. Kinney Williams
Yennik, Inc.

The E-mail Banking News
for the week of August 13, 2017

Published by Yennik, Inc. the acknowledged leader in independent IT & cybersecurity audits.

August 10, 2017 - U.S. and Southeast Oklahoma Economic Outlook By Chad Wilkerson Hugo Economic Forum.  www.kansascityfed.org/~/media/files/publicat/speeches/2017/2017-wilkerson-hugo-forum-08-17.pdf

August 10, 2017 - FEDS Notes - Synthetic ETFs - Sirio Aramonte, Cecilia Caglio, and Tugkan Tuzun - Exchange traded funds achieve their investment objectives by either owning a portfolio of securities or entering into swap agreements that deliver the returns of pre-specified indexes. www.federalreserve.gov/econres/notes/feds-notes/synthetic-etfs-20170810.htm

August 9, 2017 - The Effect of Bank Supervision on Risk Taking: Evidence from a Natural Experiment - John Kandrac and Bernd Schlusche - Abstract: In this paper, we exploit a natural experiment in which thrifts in several states witnessed an exogenous reduction in supervisory attention to assess the effect of supervision on financial institutions' willingness to take risk. www.federalreserve.gov/econres/feds/files/2017079pap.pdf

August 9, 2017 - Federal Reserve Board issues guidelines to evaluate requests for joint accounts at Federal Reserve Banks - The Federal Reserve Board on Wednesday released final guidelines that will be used to evaluate requests for joint accounts at Federal Reserve Banks effective upon publication in the Federal Register. www.federalreserve.gov/newsevents/pressreleases/other20170809a.htm

August 8, 2017 - Matching Banks by Business Model, Geography and Size: A Dataset - Mark Carlson, Molly Shatto, and Missaka Warusawitharana - In this note, we describe an algorithm, developed in Carlson, Shan, and Warusawitharana (2013), to match banks that are geographically close and are similar in size and business model. www.federalreserve.gov/econres/notes/feds-notes/matching-banks-by-business-model-geography-and-size-a-dataset-20170808.htm

August 8, 2017 - Statistical Release - Annual data on manufacturing investment and capital - The Federal Reserve provides the data from the G.17 release in multiple ways.   www.federalreserve.gov/releases/g17/download.htm 

August 8, 2017 - Firm Leverage, Labor Market Size, and Employee Pay - Timothy E. Dore and Rebecca Zarutskie - We provide new estimates of the wage costs of firms' debt. Our empirical approach exploits within-firm geographical variation in workers' expected unemployment costs due to variation in local labor market size and uses a large representative sample of public firms. www.federalreserve.gov/econres/feds/files/2017078pap.pdf

August 8, 2017 - Agencies extend resolution plan filing deadline for certain foreign and domestic banks - Board of Governors of the Federal Reserve System - Federal Deposit Insurance Corporation - The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) today extended the resolution plan filing deadline for 19 foreign banking organizations and two large domestic bank holding companies to December 31, 2018, to give the firms an additional year to address any supervisory guidance in their next plan submissions.
Press Release: www.federalreserve.gov/newsevents/pressreleases/bcreg20170808a.htm
Press Release: www.fdic.gov/news/news/press/2017/pr17060.html

August 7, 2017 - Emerging Trends in the U.S. and Colorado Economies Alison Felix Economist and Branch Executive Federal Reserve Bank of Kansas City Denver Branch.   www.kansascityfed.org/~/media/files/publicat/speeches/2017/2017-felix-ecosprrotary-08-07.pdf

August 7, 2017 - St. Louis Fed's Bullard: A Low Inflation Surprise for U.S. Monetary Policy - Federal Reserve Bank of St. Louis President James Bullard gave remarks on “A Low Inflation Surprise for U.S. Monetary Policy” at the 2017 conference of America’s Cotton Marketing Cooperatives on Monday. www.stlouisfed.org/news-releases/2017/08/07/bullard-low-inflation-surprise
August 7, 2017 - Statistical Release - Consumer Credit - G.19 - Consumer credit increased at a seasonally adjusted annual rate of 4-1/2 percent during the second quarter. Both revolving and nonrevolving credit increased at similar annual rates.  www.federalreserve.gov/releases/g19/current/default.htm

August 4, 2017 - FDIC Issues List of Banks Examined for CRA Compliance - The Federal Deposit Insurance Corporation today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act. www.fdic.gov/news/news/press/2017/pr17059.html

August 4, 2017 - FOIA - Chair Yellen's calendar, June 2017.  www.federalreserve.gov/foia/chairscalendar-062017.htm

August 4, 2017 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update.  www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

August 3, 2017 - Failure Acquisitions: Revised Comptroller’s Licensing Manual Booklet - Revised Comptroller’s Licensing Manual Booklet - The Office of the Comptroller of the Currency issued today the “Failure Acquisitions” booklet of the Comptroller’s Licensing Manual. www.occ.treas.gov/news-issuances/bulletins/2017/bulletin-2017-26.html

Please don't hesitate to email me (examiner@yennik.com) if you have any questions.  Have a great week,

R. Kinney Williams, President
Certified Financial Examiner
Yennik, Inc.

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