Federal Reserve Board: H.2 Release for Week Ending June 11, 2016; H.4.1 Release (Balance Sheet) for Week Ending June 16, 2016

The Federal Reserve Board (Board) publishes a weekly digest of its activities on its website. The digest is called the H.2 Release and is published every Thursday. The release for the week ending June 11, 2016, is below.

H.2 Release–Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received

Category Action Taken
Bank Holding Companies Sumitomo Mitsui Trust Holdings, Inc., Tokyo, Japan, and Sumitomo Mitsui Trust Bank, Limited — to acquire shares of Marubeni Rail Transport, Inc., a Delaware corporation, and thereby indirectly acquire Midwest Railcar Corporation, an Illinois corporation.

-Approved, June 9, 2016


Banking Supervision and Regulation Resolution Plans — joint letter with the Federal Deposit Insurance Corporation to 84 foreign banking organizations with limited U.S. operations reducing the informational requirements of their resolution plans in December 2016, 2017, and 2018, subject to certain conditions.

-Approved, June 3, 2016



Extensions of Time Resolution Plans — determination, jointly with the Federal Deposit Insurance Corporation, to extend to July 1, 2017, the 2016 resolution plan filing date for four foreign banking organizations (Barclays PLC, Credit Suisse Group AG, Deutsche Bank AG, and UBS AG), under the Dodd-Frank Act.

-Granted, June 7, 2016


Forms Forms — final Board review to extend without revision the Recordkeeping Requirements Associated with the Interagency Statement on Complex Structured Finance Activities (FR 4022).

-Approved, June 9, 2016


Forms — final Board review to extend without revision the Request for Extension of Time to Dispose of Assets Acquired in Satisfaction of Debts Previously Contracted (FR 4006), Stock Redemption Notification (FR 4008), Notice Claiming Status as an Exempt Transfer Agent (FR 4013), Investment in Bank Premises Notification (FR 4014), and Reports Related to Securities of State Member Banks as Required by Regulation H (Reg H-1).

-Approved, June 10, 2016

Personnel Division of Banking Supervision and Regulation — appointment of Ryan Lordos as deputy associate director and Donna J. Webb as assistant director.

-Announced, June 8, 2016


Management Division — appointment of Tim Markey as assistant director.

-Announced, June 8, 2016


Enforcement First State Bank of Warner, Warner, South Dakota — written agreement dated September 16, 2010, terminated June 7, 2016.

-Announced, June 9, 2016


Federal Reserve Board: Balance Sheet (H.4.1 Release)

The Board publishes data of factors affecting reserve balances. The digest is called the H.4.1 Release, and they are published every Thursday (or the next business day if the publication date falls on a federal holiday). The release for June 16, 2016, is below.

[Note: The blog will cover the line titled “Total Factors Supplying Reserve Funds.”]

H.4.1 Release–Factors Affecting Reserve Balances

Total factors supplying reserve funds (as of June 15, 2016): $4,518,442 (in millions of dollars). (On September 26, 2007, this amount was $900,473 (in millions of dollars)).

(See the release for further information.)