The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
Regional & Community Outreach connects the Bank to Main Street via structured dialogues and two-way conversations on small business, mortgages, and household credit.
Economic Education improves public knowledge about the Federal Reserve System, monetary policy implementation, and promoting financial stability through the Museum and programs for K-16 students and educators, and the community.
NEW YORK--The Federal Reserve Bank of New York Friday approved the notification by Bankers Trust New York Corporation, New York City, to acquire Wolfensohn & Co., Inc., New York City, together with its 50 percent general partnership interest in Fuji-Wolfensohn International, also of New York City, and thereby engage in providing merger and acquisition advisory services and related corporate finance advice.
The Reserve Bank acted under authority delegated by the Board of Governors of the Federal Reserve System.