Fed To Allow German Bank To Open NYC Office
The bank, which is based out of Frankfurt, has total consolidated assets of about $198 billion, the Fed said. It is currently the 18th largest bank in Germany. It also has subsidiaries in Luxembourg, Switzerland, Ireland, Grand Cayman and has representative offices in Italy and Spain.
-By Sarah N. Lynch, Dow Jones Newswires; 202-862-6634; sarah.lynch@dowjones.com
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Publié le 13 janvier 2009 Copyright © 2009 Dowjones
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