BNET Industries
Last Fiscal Year Sales:$992.0M
- Private
- US
Dow Jones Description
The Federal Reserve Bank of Philadelphia is one of 12 regional Federal Reserve Banks across the U.S. that, together with the Board of Governors in Washington, D.C., serve as our nation's central bank.
President & Chief Executive Officer
Charles I. PlosserNumber of Employees 2,000
Contact Information
10 Independence Mall
Philadelphia, Pennsylvania 19106
(215) 574-6000
NAICS Code Monetary Authorities-Central Bank: 521110
News & Analysis
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federal reserve bank of philadelphia and financial accounting - All News and Analysis
Sarbanes-Oxley Compliance and Violation: An Empirical Study
BNET
- 2006-05-08
The purpose of this paper is to empirically examine the financial and governance characteristics of firms under the new Sarbanes-Oxley SOX accounting regime. The paper first compares a comprehensive set of characteristics across firms in four states regarding SOX Section 404 compliance (Compliance, Concerns-Raised, Noncompliance, and Violation). The paper then...
Protecting Yourself Against Identity Theft
BNET
- 2004-11-12
Identity theft is a growing form of fraud that occurs when an unauthorized person uses your personal information, such as your name, Social Security number, bank or credit account numbers, or other identifying information, without lawful authority, to commit financial fraud. In its most damaging form, identity theft can mean...
Identity Theft: Where Do We Go From Here?
BNET
- 2004-04-01
This paper discusses identity theft, which is a growing financial crime that affects many segments of our society - consumers, merchants, and credit providers, among others - with direct financial losses. In addition, consumers, in particular, are faced with significant indirect costs stemming from the compromise of their credit files....
Prepaid Card Markets & Regulation
BNET
- 2004-02-01
Prepaid cards, also commonly referred to as stored-value cards, are typically credit card-sized pieces of plastic that contain or represent an amount of pre-loaded value. Despite significant product innovations, it is unclear whether and how existing federal and state laws that apply to other financial products apply to the different...
Privacy Matters: The Right to Privacy and the Financial Services Industry
BNET
- 2001-12-13
Passage of the Gramm-Leach-Bliley GLB Act in 1999 re-opened the debate on consumers' right to privacy in financial transactions. To broaden awareness of this debate, the Philadelphia Fed's Payment Cards Center sponsored a workshop, led by University of Pennsylvania law professor Anita L. Allen. Professor Allen opened the meeting with...
Preserving Multifamily Rental Housing: Improving Financing Options in New Jersey
BNET
- 2000-02-01
Multifamily rental buildings represent a substantial portion of New Jersey's housing stock, particularly in the state's central cities. This document outlines two financing strategies, based on programs used in other multifamily markets to preserve existing, occupied multifamily rental housing in low- and moderate-income communities: a debt-based solution that mixes public...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Charles I. Plosser | President & Chief Executive Officer |
| William H. Stone Jr. | First Vice President |
Charles I. Plosser became the Federal Reserve Bank of Philadelphia's 10th president and chief executive officer on August 1, 2006. Before coming to Philadelphia, he was the John M. Olin Distinguished Professor of Economics and Public Policy and director of the Bradley Policy Research Center at the William E. Simon Graduate School of Business Administration, where he also served as dean from 1993 to 2003. He was also a professor of economics in the Department of Economics at the University of Rochester, a senior research associate at the Rochester Center for Economic Research in the university's College of Arts and Science, and a research associate at the National Bureau of Economic Research in Cambridge, Massachusetts. He has also been a visiting scholar at the Bank of England and the Federal Reserve Bank of Minneapolis. Plosser has lectured to academic and business audiences worldwide on topics ranging from management education to economic and public policy issues. The author of numerous academic articles and a participant in scores of professional seminars and conferences, Plosser has also served as co-editor or associate editor of three prestigious journals of economics and referee for over a dozen others. His research and teaching interests include topics on monetary and fiscal policy, long-term economic growth, and banking and financial markets, and his articles have appeared in numerous leading economic journals. Plosser earned Ph.D. and M.B.A. degrees from the University of Chicago, and he received a bachelor of engineering degree (cum laude with honors) from Vanderbilt University. Plosser has served as a consultant to numerous corporations, including Chase Manhattan Bank, Eastman Kodak Company, and The Wyatt Company, on topics ranging from strategic planning and forecasting to portfolio and pension fund management, capital budgeting, and financial analysis. He has served as an advisory board member of the Rochester New Enterprise Forum, the Metropolitan Advisory Board of Chase Manhattan Bank, and the University Technology Seed Fund, LLC. Plosser served as chairman of the Board of Directors of the Consortium for Graduate Study in Management from 1995 to 1997. From 1996 to 2000, he served on the Board of Directors of ViaHealth, Inc., where he also served as secretary, member of the Executive Committee, and chair of the Governance Committee.
| Organization | Position | Status |
|---|---|---|
| Federal Reserve Bank of Philadelphia | President & Chief Executive Officer | Current |
| Forensic Economics, Inc. | Outside Expert | Current |
| Eastman Kodak Company | Consultant | Former |
| The Wyatt Company | Consultant | Former |
| The Consortium for Graduate Study in Management | Chairman | Former |
| Viahealth | Board of Directors | Former |
| University of Chicago | PH.D. | Former |
| University of Chicago | MBA | Former |
| Vanderbilt University | B.E. in Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Federal Reserve Bank of Philadelphia | First Vice President | Current |
| Gettysburg College | Former |
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Glass Door
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| Wells Fargo |  |
| U.S. Bank |  |
| Bank of America | |
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| JPMorgan Chase | |
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