Federal Reserve
The Federal Reserve Board on Thursday announced that it has denied the request by Custodia Bank, Inc., of Cheyenne, Wyoming, for reconsideration of the Board's decision last month on its application to be supervised by the Federal Reserve.
The Board previously concluded that the firm's application as submitted was inconsistent with the required factors under the law. The Board's rules permit an applicant to request that the Board reconsider its application decision.
/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.
