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- Title
Order Approving Establishment of a Representative Office.
- Authors
JOhnson, Jennifer J.
- Abstract
The article focuses on the approved establishment of a German bank representative office in New York City. The application was submitted by Kreditanstalt für Wiederaufbau and was subjected for review in accordance to the Foreign Bank Supervision Enhancement Act of 1991. It claims that the office will serve as a liaison for their customers and will also conduct market research. Moreover, the approval requires the bank to follow the conditions specified by the Federal Reserve Board.
- Subjects
NEW York (N.Y.); NEW York (State); APPLICATIONS for office; BRANCHES (Business enterprises); KFW Bankengruppe; FOREIGN banking industry; ADMINISTRATIVE acts; BOARD of Governors of the Federal Reserve System (U.S.)
- Publication
Federal Reserve Bulletin, 2006, pC135
- ISSN
0014-9209
- Publication type
Article