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.
NEW YORK--The Federal Reserve Bank of New York Monday approved the notification by Dresdner Bank AG, Frankfurt, Germany, to acquire, through Dresdner RCM Global Investors LLC, San Francisco, CA, 100 percent of the outstanding shares of Caywood-Scholl Capital Management, San Diego, CA, and thereby engage in: (i) financial and investment advisory activities; (ii) investment transactions as principal; and (iii) acting as a general partner of an investment fund.
The Reserve Bank acted under authority delegated by the Board of Governors of the Federal Reserve System.