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- Title
The Bank of East Asia, Limited.
- Abstract
The article offers information on proposal of Bank of East Asia Limited (BEA) to upgrade its existing limited federal branch in Los Angeles, California, to a full-service branch under International Banking Act (IBA) Act. Topics discussed include supervision of BEA by Hong Kong Monetary Authority (HKMA); role of SumitomoMitsui Financial Group and its subsidiary SumitomoMitsui Banking Corp. in BEA; and the consideration of financial and managerial factors in pursuance of the up gradation.
- Subjects
UNITED States; BUSINESS expansion; BANK of East Asia Ltd.; SUMITOMO Mitsui Financial Group Inc.; SUMITOMO Mitsui Banking Corp.; BANKING laws; HONG Kong (China). Monetary Authority
- Publication
Federal Reserve Bulletin, 2017, Vol 103, Issue 7, p103
- ISSN
0014-9209
- Publication type
Article