Das Lebenswerk von Karl Marx

National banking under the Federal Reserve System

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Identifikator:: 862541646

URN:: urn:nbn:de:zbw-retromon-92175

Document type:: Monograph

Author:: Sombart, Werner http://d-nb.info/gnd/118751433

Title:: Das Lebenswerk von Karl Marx

Place of publication:: Jena

Publisher:: Fischer

Year of publication:: 1909

Scope:: 1 Online-Ressource (59 Seiten)

Collection:: Economics Books

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Narionan BANKING UNDER THE FEDERAL RESERVE SYSTEM Every national bank either operating foreign branches or owning stock in a bank or corporation engaged in international banking must furnish to the Comptroller of the Currency, upon demand, information concerning the condition of such branches, banks or corporations. Before any national bank can purchase stock in such a corporation as that described above, the corporation itself must enter into an agreement with the Federal Reserve Board to restrict its operations or conduct its business in the manner in which the Board may pre- scribe. The accounts of each foreign branch of any national bank must be conducted separately from the accounts of the bank’s other branches and its home office, and the bank must at the end of each fiscal period transfer to its general ledger the profit or loss accrued at each branch as a separate item. | 94 |

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