Discount window borrowing hit a record of nearly $153 billion in March following the SVB and Signature collapses, and the Fed was forced to set up a new emergency lending facility as well. Total ...

Banks should have enough collateral on hand to cover "all runnable liabilities" via discount window borrowing, it added. The position echoed guidance issued last year by U.S. regulators.

Regulatory guidelines issued in late July encouraging banks to incorporate the Federal Reserve's so-called discount window into their contingency funding plans fail to address the main issues ...

JPMorgan Chase & Co, the largest U.S. bank by assets, said in February that it had decided it can hold less cash for its resolution plan, and instead, factor in the possibility of using the discount ...

Douglas Rissing Federal Reserve Governor Philip Jefferson said Monday that usage of the U.S. central bank's discount window has seen greater use in recent years, attributing the increase to a ...

“The Federal Reserve Board is encouraged by the notable increase in discount window borrowing this week with banks demonstrating a willingness to use the discount window as a source of funding to ...

The discount windows are accessible on demand by the banks that are members of the scheme, and the amount that can be borrowed is limited only by the collateral the borrower can offer.

The US banking turmoil of 2023 was at heart a business model and non-existent interest rate risk management crisis. The banks that failed, such as Silicon Valley Bank and First Republic Bank, were ...

The US Federal Reserve’s long-standing effort to remove the stigma associated with borrowing from the discount window appears far from over, according to the latest Senior Financial Officers (SFO) ...