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The Federal Reserve Bank of New York

The Federal Reserve Bank of New York

Financial Services Companies

Description

The Federal Reserve Bank of New York, a regional reserve bank, is engaged in setting monetary policy and promoting financial stability in New York. The company engages in formulating and executing monetary policy; supervising and regulating depository institutions; the provision of elastic currencies; assisting the federal government's financing operations; and serving as the banker for the U.S. government. It also engages in conducting open market operations; intervening in foreign exchange markets; and storing monetary gold for foreign central banks, governments, and international agencies. In addition, the company provides various services to foreign central banks that include the receipt and payment of funds in U.S. dollars; the purchase and sale of foreign exchange and treasury securities; and the storage of monetary gold. Further, it offers correspondent banking and custody services to central banks, monetary authorities, and international organizations to facilitate their official financial operations; and financial services for financial institutions and the U.S. government. The company was founded in 1914 and is based in New York, New York with a regional office in East Rutherford, New Jersey.

Corporate Address

33 Liberty Street New York, NY10045 United States of America

United States of America

212-720-6130

Tags:

Bank Securities, Banking Markets

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