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 Application by The Goldman Sachs Group, New York, New York
July 18, 2011
NEW YORK—The Federal Reserve Bank of New York approved the application filed by The Goldman Sachs Group, Inc., New York, New York, to retain its indirect 9.0 percent interest of the outstanding common stock of Atlantic Capital Bancshares, Inc., which is the direct parent of Atlantic Capital Bank, both of Atlanta, Georgia, pursuant to Section 3(a)(3) of the BHC Act of 1956, as amended, and Section 225.15 of Regulation Y.
The Reserve Bank acted under authority delegated by the Board of Governors of the Federal Reserve System.