January 27, 2015 4:14 PM ET


Company Overview of The Federal Reserve Bank of New York

Company Overview

The Federal Reserve Bank of New York, a regional reserve bank, is engaged in setting monetary policy and promoting financial stability in New York. The company engages in formulating and executing monetary policy; supervising and regulating depository institutions; the provision of elastic currencies; assisting the federal government's financing operations; and serving as the banker for the U.S. government. It also engages in conducting open market operations; intervening in foreign exchange markets; and storing monetary gold for foreign central banks, governments, and international agencies. In addition, the company provides various services to foreign central banks that include the receipt...

33 Liberty Street

New York, NY 10045

United States

Founded in 1914





Key Executives for The Federal Reserve Bank of New York

Chief Executive Officer and President
Principal Financial Officer
Age: 49
Chief Operating Officer and First Vice President
Chief Information Officer and Executive Vice President
Age: 52
Chief Compliance Officer and Senior Vice President
Compensation as of Fiscal Year 2014.

The Federal Reserve Bank of New York Key Developments

The Federal Reserve Bank of New York Names Alberto G. Musalem as Head of Integrated Policy Analysis Group

The Federal Reserve Bank of New York announced the formation of the Integrated Policy Analysis Group (IPA), and named Alberto G. Musalem, executive vice president of the Emerging Markets and International Affairs Group (EMIA), as head of the new group.

Edward Smith to Retire as Executive Vice President and General Auditor of Federal Reserve Bank of New York

Edward (Ted) C. Smith, executive vice president and general auditor of the Federal Reserve Bank of New York, announced his intention to retire from the Bank in May 2015. Mr. Smith will leave the Bank after more than ten years of service. In his current role, Mr. Smith led the Banks internal audit function, including serving as liaison to the Office of Inspector General of the Board of Governors and to the Government Accountability Office.

Federal Reserve Bank of New York Announces Retirement of Christine Cumming as Vice President and COO in June 2015

Federal Reserve Bank of New York has announced the retirement of Christine Cumming as vice president and COO in June 2015.

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