#1
25th November 2015, 04:46 PM
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Why Is The Federal Reserve Known As The Bankers Bank
Hey buddy please tell me why Federal Bank is known as Bankers Bank and please also get some information about the Bank?
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#2
25th November 2015, 05:39 PM
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Re: Why Is The Federal Reserve Known As The Bankers Bank
The Federal Reserve Banks are called the "bankers' banks" because they provide services to commercial banks similar to the services that commercial banks provide for their customers. Federal Reserve Banks distribute currency and coin to banks, lend money to banks, and process electronic payments and here I will also get some information so that you can have idea about it. Recent developments in Federal Bank Opening remarks by Governor Powell at the 2015 Roundtable on Treasury Markets and Debt Management Speech by Vice Chairman Stanley Fischer on emerging Asia in transition Federal Reserve Board announces plan to redistribute unclaimed funds under Independent Foreclosure Review Payment Agreement Federal Reserve Board announces termination of enforcement actions Federal Reserve announces TDF test operation Federal Reserve Board announces approval of application by Community Bank System, Inc. Minutes of the Federal Open Market Committee, October 27-28, 2015 Speech by Governor Tarullo on thinking critically about nonbank financial intermediation Speech by Governor Powell on central clearing in an interdependent world Bank Services Actions and Applications Expand Banking DataBanking Data Expand Banking StructureBanking Structure Basel Regulatory Capital FrameworkBasel Regulatory Capital Framework Business ResiliencyBusiness Resiliency Community Reinvestment ActCommunity Reinvestment Act Expand Legal DevelopmentsLegal Developments RegulationsRegulations Reporting FormsReporting Forms Resolution PlansResolution Plans S.A.F.E. ActS.A.F.E. Act Stress Tests and Capital PlanningStress Tests and Capital Planning Expand SupervisionSupervision Expand Supervision and Regulation LettersSupervision and Regulation Letters TARP Program InformationTARP Program Information Address:- Federal Bank 20th Street and Constitution Avenue N.W. Washington, D.C. 20551 Phone:- 202-974-7008 |