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.
Approval of the Application by Danran Holdings Ltd, Shamdar Holdings Ltd, Elran (D.D.) Investments Ltd, and Elran (D.D.) Holdings Ltd
Friday, June 13, 2003
NEW YORK--The Federal Reserve Bank of New York Friday approved the application by Danran Holdings Ltd., Shamdar Holdings Ltd., Elran (D.D.) Investments Ltd., and Elran (D.D.) Holdings Ltd., all of Tel Aviv, Israel, in connection with their indirect ownership of Bank Hapoalim B.M., to become bank holding companies by acquiring indirect control of Signature Bank, New York, New York, and to engage in certain nonbanking activities.