Board of Governors of the Federal Reserve System

bank. • National banks not controlled by a BHC or FBO, but only with respect...bank organized under U.S. law, FBO (Bank- ing Company for purposes of

Banks–sovereign nexus, Home bias, Government–owned banks, Banks’ recapitalization...central or local governments (including banking Foundations in Italy)

Banks of Chicago, Richmond, and San Francisco, respectively Mr. Riefler...Bank of New York Mr. Mitchell, Vice President, Federal Reserve Bank of

Prefatory Note The attached document represents the most complete and accurate version available based on original files from the FOMC Secretariat

Prefatory Note The attached document represents the most complete and accurate version available based on original copies culled from the files

Bank of America); Oliver Frankel (Goldman Sachs); Paulo Peres (JPMorgan...Currency, the Federal Deposit Insurance Corporation, the Federal Reserve

Prefatory Note The attached document represents the most complete and accurate version available based on original copies culled from the files

currency component of the money stock plus (3), for all quarterly reporters...Banks plus (3) the currency component of the money stock plus (4), for

banks. Indeed, our identification requires that a bank’s foreign lending...bank, and that it is correlated with the bank’s foreign lending. 7 3.

currency. A subscription to the Statistical Supplement to the Federal ...banks in the United States 16 Domestically chartered commercial banks