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Home > Company Index > Banking > Money Center Banks > Federal Reserve Bank of New York

Federal Reserve Bank of New York
 PROFILE
The Federal Reserve Bank of New York is the largest in the Federal Reserve System, which oversees US banks. One of 12 regional banks, it issues currency, clears money transfers, and lends to banks in its district. In addition to the duties which it shares with other Reserve Banks, the New York Fed trades US government securities to regulate the money supply, intervenes on foreign exchange markets, and stores monetary gold for foreign central banks, governments, and agencies. The New York Fed's district is relatively small (made up of New York, Puerto Rico, the US Virgin Islands, and parts of New Jersey and Connecticut), but the bank is the largest in the Federal Reserve System in assets and volume of transactions.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 13,456.00
1-Yr. Sales Growth: 16.2%
Employees: 3,400
Revenue per employee: $3,957,647.06

 KEY PEOPLE
• William J. McDonough
    CEO
• Jamie B. Stewart
    CFO

 CONTACT INFO
33 Liberty St.
New York, NY 10045
US
Phone: 212-720-5000
Fax: 212-720-7459
Online: Web Site

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