Federal Reserve Board: H.2 Release for Week Ending July 9, 2016; H.4.1 Release (Balance Sheet) for Week Ending July 14, 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 July 9, 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 KeyCorp, Cleveland, Ohio — to acquire First Niagara Financial Group, Inc., Buffalo, New York, and thereby indirectly acquire First Niagara Bank, National Association.

-Approved, July 8, 2016

Regulations and Policies Conformance Period for Volcker Rule — extension to July 21, 2017, for banking entities to conform their legacy covered-fund activities and investments that were in place before December 31, 2013, in accordance with section 619 of the Dodd-Frank Act.

-Approved, July 5, 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 July 14, 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 July 13, 2016): $4,517,653 (in millions of dollars). (On September 26, 2007, this amount was $900,473 (in millions of dollars)).

(See the release for further information.)