Monday, 1 October 2007, 4:05 pm Press Release: Reserve Bank
Reserve Bank Announces New Bank
Registration
The Reserve Bank of New Zealand today
announced that JPMorgan Chase Bank NA has been registered as
a bank in New Zealand.
JPMorgan Chase Bank NA is
incorporated in New York and will operate as a branch in New
Zealand. The bank intends to operate entirely in the
wholesale markets in New Zealand, and will not provide
retail banking services.
There are now 17 registered
banks in New Zealand, which are listed on the Reserve Bank's
website
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