FRB Prepares Automated Adjustments to Capital Stock Subscriptions
The FRB today proposed automating non-merger-related adjustments to member bank subscriptions to Reserve Bank capital stock because Reserve Banks are developing software to pull this on their own.

Brown Opens Sweeping Archegos Inquiry
Senate Banking Chairman Brown (D-OH) today asked four large banks that were counterparties to Archegos to provide additional details on their relationship with the family office and the margin call that preceded its implosion.