National banking under the Federal Reserve System

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Monograph

Identifikator:: 1757542345

URN:: urn:nbn:de:zbw-retromon-135097

Document type:: Monograph

Title:: National banking under the Federal Reserve System

Place of publication:: New York

Publisher:: The National City Bank of New York

Year of publication:: 1927

Scope:: 154 S.

Digitisation:: 2021

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: New York correspondent

Collection:: Economics Books

NATIONAL BANKING UNDER THE FEDERAL RESERVE SYSTEM Library The Bank’s financial library contains upwards of 100,000 volumes, periodicals, corporate reports, etc. It is a pleasure for the Bank’s librarian to give suggestions to correspondent banks that wish to build up libraries of their own, to prepare bibliographies and lists of readings on financial topics when requested to do so, and, in a word, to make this large treasure-house of financial literature useful to the Bank's clients. Boh Statistical Information The Statistical Department of this Bank is often called upon to com- pile statistical reports for correspondent banks. Such requests are always gladly met and the information of course is furnished with this Bank’s compliments. Educational Facilities The Educational Department is frequently in a position to give counsel to correspondent banks that are interested in educational matters. Forewgn Divisions Since the establishing of The National City Bank of New York's Foreign Department back in 1897, the Bank has tirelessly striven to develop its facilities for foreign banking, to keep pace with the ever enlarging needs of American business men. With the passage of the Federal Reserve Act, which gave American banks the privilege of establishing branches abroad, the National City Bank at once began serving the interests of American trade by the opening of foreign offices. The Bank’s own branches, and those of the Inter- national Banking Corporation, (owned by The National City Bank) are located in the principal cities of South America and the Caribbean district, throughout the Far East, and at such important European commercial centers as London, Paris, Antwerp, Brussels, Lyons, Barcelona, Madrid and Genoa. This world-wide network of branches, supplemented by corres- pondents in all cities where branches do not exist, places The National City Bank of New York in a unique position for being of assistance [8]

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