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The dataset, developed by Federal Reserve researchers, will give historians and students a far easier way to examine banks' performance between 1867 and 1904. The period was one of significant instability, which ultimately prompted the creation of the Fed.
In February 2018, the Federal Reserve prohibited the San Francisco-based bank from growing beyond $1.95 trillion. Five years later, analysts, investors and lawmakers are left with more questions than answers about the unprecedented enforcement action.
(Bloomberg Opinion) -- The release of the so-called Pandora Papers revealed that the world’s wealthiest people will go to great lengths to protect their assets from the taxman. No surprise there.