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The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
Need to file a report with the New York Fed? Here are all of the forms, instructions and other information related to regulatory and statistical reporting in one spot.
The New York Fed works to protect consumers as well as provides information and resources on how to avoid and report specific scams.
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The New York Fed provides a wide range of payment services for financial institutions and the U.S. government.
The New York Fed offers the Central Banking Seminar and several specialized courses for central bankers and financial supervisors.
The New York Fed has been working with tri-party repo market participants to make changes to improve the resiliency of the market to financial stress.
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We are connecting emerging solutions with funding in three areas—health, household financial stability, and climate—to improve life for underserved communities. Learn more by reading our strategy.
The Economic Inequality & Equitable Growth hub is a collection of research, analysis and convenings to help better understand economic inequality.
The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
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 Alfred Hayes was named president of the New York Fed and vice chairman of the FOMC on August 1, 1956, at the age of 46. He came to the Bank from New York Trust Co. where he had been vice president in charge of the foreign division. Unlike his two immediate predecessors, who had been employees of the System, Mr. Hayes was a product of the city's financial community. A native of Ithaca, New York, Mr. Hayes spent his freshman year at Harvard College and then transferred to Yale University, where he earned a bachelor of arts degree. Following a year at the Harvard Graduate School of Business Administration, he received a Rhodes Scholarship and spent two years at New College, Oxford, England, studying economics. He began his banking career in 1933 as an analyst in the investment department of the City Bank Farmers Trust Company. Seven years later, he transferred to the bond department of the National City Bank. In 1942, he joined the New York Trust Co. as an assistant secretary in the investment department. For two years, Mr. Hayes served as a naval lieutenant in financial planning for military government, and in the office of the Foreign Liquidation Commissioner in Washington and Rome. He returned to New York Trust in 1946, was promoted to assistant vice president, and in 1947 he was assigned to the foreign division. Between 1949 and 1956 he served as vice president in charge of the division and earned a reputation as an expert in international finance. Mr. Hayes retired from the New York Fed on August 1, 1975, and joined Morgan Stanley International Inc. as chairman in November 1975. He was named chairman emeritus in 1981. He died in October 1989. |
