Board of Governors of the Federal Reserve System

CURRENCY October 8, 2004 Jonathan G. Katz Secretary Securities and Exchange...Currency (the “Banking Agencies”) appreciate this opportunity to provide

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

K.7 The Corporate Saving Glut in the Aftermath of the Global Financial Crisis Gruber, Joseph W., and Steven B. Kamin International Finance Discussion

Bank Operations and Payment Systems, Board of Governors of the Federal...banks, three national banks, two Federal Reserve Banks, one clearing house

banks. Loan officers representing fifty-six large domestic banks and twenty...banks and one foreign bank reported that more than 5 percent of their

Bank of Boston and based on information collected on or before August ...Central and South America. Contacts in Boston noted some concern that

bank lending practices . . . . . . . . . . . . Tables Monetary aggregates...banks reporting more tightening than domestic banks. As in past surveys

Currency F.201 36 L.201 80 U.S. Deposits in Foreign Countries F.202 36...Currency F.204 38 L.204 82 Time and Savings Deposits F.205 39 L.205 83

bank holding company. Here, it is undisputed that Respondent did not seek...bank holding companies in the same way as they apply to state member banks

Bank credit developments ............................... 7 Consumer installment...bank credit and short- and intermediate- 12 term business credit......