Sushil Tuli Elected to Boston Fed Board
Leader Bank Chairman and CEO Sushil K. Tuli has been elected to the Federal Reserve Bank of Boston’s board of directors effective Jan. 1, the Boston Fed said in a statement yesterday.
Stakeholders Emphasize DEI in Boston Fed Presidential Search
The committee tasked with finding a new president for the Boston Federal Reserve Bank has made slight adjustments to the job description, including expanding its emphasis on a leader who will champion diversity, equity and inclusion.
Boston Fed Begins Search for Next President
The search for the Federal Reserve Bank of Boston’s next president and CEO has begun, with board chair and Brown University president, Christina Paxson, leading the search committee.
Fed: Climate Scenario Analysis a Key Tool for Banks
The Federal Reserve is working on developing a model to help financial institutions and regulators analyze the effects of climate changes on the industry and the economy.
BofA’s Mahoney Dies Following 2019 Bike Accident
James Mahoney, a senior Bank of America executive and former chief spokesman for the Federal Reserve Bank of Boston, died from injuries sustained in a biking accident a year ago.
Main Street Lending Now Open to Nonprofits
The Federal Reserve Board has modified the Main Street Lending Program to give nonprofit organizations, including educational institutions, hospitals and social service organizations, access to the program. Two new loan options are now available to certain nonprofit organizations that were in sound financial condition before the pandemic.
Main Street Lending Program Fully Operational
The Federal Reserve has finalized the last piece of the Main Street Lending Program, making it now fully operational.
Savarese Appointed President of Fed’s CDIAC
Dorothy Savarese, hair and CEO of Cape Cod 5, has been appointed by the Federal Reserve Board to serve as president of the Community Depository Institutions Advisory Council (CDIAC) for 2020.
Massachusetts’ Business Leaders Still Overwhelmingly White, Male, Report Finds
Organizations representing Massachusetts’ business community, including the banking industry, have come in for criticism from a new report on leadership diversity in the state from the Boston-based Eos Foundation.
On Economy, Boston Fed Chief Leans Towards Optimism
The head of the Federal Reserve Bank of Boston on Wednesday advocated for the nation’s central bank to be patient and wait out some of the recent volatility in the markets before charting a new course on monetary policy.
Boston Fed Announces 2016 Directors
The Federal Reserve Bank of Boston this week...
‘Not So Fast,’ Says Boston Fed Prez On Normalizing Monetary Policy
While everybody watches the Federal Reserve with...
