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Banking

Vol. 20, No. 2,
Second Quarter 2007

From the Editorial Director

Financial Update Adds Content More Frequently

Features

Conference Explores Banking Safety, Soundness

Anti–Money Laundering Guidance Issued

Guidance for Hurricane Preparedness

Quick Takes

President Announces Board Nominations

Kroszner: Payment System Requires Cooperation

Bank Asset Growth Robust

Bernanke: Rules Should Not Stifle Innovation

Agencies to Mortgagors: Work With Borrowers

Departments

Financial Update Focus

Editor's Note: This publication is posted on a rolling schedule and content will be added throughout the quarter. Feature articles will be available monthly.

Updated June 15, 2007

From the Editorial Director

Financial Update Offers More Frequent Publication
5/9/2007 - To get you banking and Fed-related news and information more quickly, the Atlanta Fed is publishing Financial Update continuously. Be sure to check this site more often or sign up for a subscription at WebScriber to be notified about quick takes and features as they're posted.

Features

Conference Presents 20 Years' Perspective on Safe and Sound Banking
6/15/2007 - A recent issue of the Atlanta Fed's Economic Review assessed the legislative and regulatory changes in the banking industry during the past two decades and discussed the challenges still ahead.

Preventing Money Laundering Calls for Fine-Tuned Strategy
6/12/2007 - Because of their central role in the nation's financial system, banks must remain diligent in their anti–money laundering efforts. New information from the government outlines new and ongoing initiatives.

Atlanta Fed Ready for 2007 Hurricane Season
6/8/2007 - With the arrival of the 2007 hurricane season, the Atlanta Fed has issued guidance to financial institutions regarding steps they can take to prepare for a weather-related crisis. A podcast discussing hurricane preparedness accompanies this story.

Podcast With Patrick K. Barron on Hurricane Preparedness

Quick Takes

Bush Announces Board of Governors Nominees
6/6/2007 - President Bush has announced his plans to nominate three people to the Federal Reserve Board of Governors. One nominee already sits on the Board, and the other two would be new to the policymaking body.