Company Overview of Federal Reserve Bank of Boston Inc.
Federal Reserve Bank of Boston Inc. provides financial services to banks and the federal government in the United States. Its activities include processing bank and bank holding company applications; conducting off-site surveillance of First District companies; conducting commercial bank examinations and bank holding company inspections to evaluate the safety and soundness of banking organization's operations; providing quantitative research and analysis in support of supervisory policy initiatives; and maintaining information on banks and other institutions. The company also provides various products and services that include account services, national FedCash services, national check servi...
600 Atlantic Avenue
Boston, MA 02210-2204
Founded in 1914
Key Executives for Federal Reserve Bank of Boston Inc.
Chief Executive Officer and President
Chief Financial Officer and Vice President
Chief Operating Officer and First Vice President
Senior Vice President and General Counsel
Executive Vice President and Senior Policy Advisor
Compensation as of Fiscal Year 2014.
Federal Reserve Bank of Boston Inc. Key Developments
Federal Reserve Bank of Boston Appoints Two Senior Officers
Jan 15 15
Federal Reserve Bank of Boston has announced the appointment of two senior vice presidents: Prabal Chakrabarti, Senior Vice President and Community Affairs Officer in the Regional and Community Outreach area, and Christopher Haley, Senior Vice President for Large Bank Supervision in the Supervision, Regulation, and Credit area. Prabal Chakrabarti has been a key contributor to the work of the Regional and Community Outreach department since joining the Bank in 2006. Christopher Haley serves as the officer responsible for the Bank's Large Bank Supervision program.
Federal Reserve Bank Of Boston Inc. Plans to Cut 15% of Workforce
May 6 14
Federal Reserve Bank Of Boston Inc. is cutting nearly 15% of local employees from the bank's treasury services unit. The bank said about the approximately 160 staff reductions. The cutbacks are part of a consolidation effort intended to improve efficiency and manage costs more effectively, and will save taxpayers about $117 million over 10 years.
Federal Reserve Board Announces the Designation of the Chair and Deputy Chair for Boston for 2014
Dec 13 13
The Federal Reserve Board announced the designation of the chairs and deputy chairs of the 12 Federal Reserve Banks for 2014. For Boston: William D. Nordhaus, Sterling Professor of Economics, Yale University, named Chair. John F. Fish, Chairman and Chief Executive Officer, Suffolk Construction Company Inc., named Deputy Chair.
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