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Article: ORDERS ISSUED UNDER INTERNATIONAL BANKING ACT.(Banco BBA-Creditanstalt S.A. to open representative office in New York, New York)(Statistical Data Included)
- Article from:
- Federal Reserve Bulletin
- Article date:
- July 1, 1999
CopyrightCOPYRIGHT 1999 Board of Governors of the Federal Reserve System. 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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Banco BBA-Creditanstalt S.A. Sao Paulo, Brazil
Order Approving Establishment of a Representative Office Banco BBA-Creditanstalt S.A. ("Bank"), Sao Paulo, Brazil, a foreign bank within the meaning of the International Banking Act ("IBA"), has applied under section 10(a) of the IBA (12 U.S.C. [sections] 3107(a)) to stablish a representative office in New York, New York. The Foreign Bank Supervision Enhancement Act of 1991, which amended the IBA, provides that a foreign bank must obtain the approval of the Board to establish a representative office in the United States.
Notice of the application, affording interested persons an opportunity to submit ...