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Article: FEDERAL RESERVE BANK OF NEW YORK ANNOUNCES ORGANIZATIONAL CHANGES
- Article from:
- PR Newswire
- Article date:
- July 28, 1992
CopyrightCOPYRIGHT 1992 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FEDERAL RESERVE BANK OF NEW YORK ANNOUNCES ORGANIZATIONAL CHANGES
NEW YORK, July 28 /PRNewswire/ -- Several major organizational changes at the Federal Reserve Bank of New York, including the consolidation of the foreign exchange operations and open market operations under executive vice president William J. McDonough, were announced today by New York Fed president E. Gerald Corrigan.
The steps were taken in conjunction with a decision by Peter D. Sternlight, executive vice president of the New York Fed and manager of the Federal Reserve's domestic open market operations, to take early retirement as of Sept. 30, Corrigan said. Sternlight, 64, joined the New York ...