NY Fed can cut off Puerto Rican bank in Venezuela-related crackdown -US judge | Business Information & News | Westlaw

NY Fed can cut off Puerto Rican bank in Venezuela-related crackdown -US judge | Business Information & News | Westlaw

View on Westlaw or start a FREE TRIAL today, NY Fed can cut off Puerto Rican bank in Venezuela-related crackdown -US judge, Business Information & News
10/27/23 REUTERS 20:18:16
REUTERS
Copyright (c) 2023 Thomson Reuters
October 27, 2023
NY Fed can cut off Puerto Rican bank in Venezuela-related crackdown -US judge
Jonathan Stempel
Diane Craft
Jonathan Oatis
Jonathan Stempel; New York
NEW YORK (Reuters) -A U.S. judge on Friday refused to block the Federal Reserve Bank of New York from terminating a Puerto Rican bank's access to the U.S. central banking system, as part of a crackdown on lenders with links to Venezuela.
U.S. District...
---- Index References ----
Company: PETROLEOS DE VENEZUELA, S.A. LTD; Federal Reserve Bank of New York; BANCO SAN JUAN INTERNACIONAL INC
News Subject: (Economic Policy & Policymakers (1EC69); Economics & Trade (1EC26); Major Corporations (1MA93); Monetary Policy (1MO18))
Industry: (Banking (1BA20); Federal Reserve (1FE99); Financial Services (1FI37); Financial Services Regulatory (1FI03); Major Central Banks (1MA01))
Region: (Americas (1AM92); Caribbean (1CA06); Latin America (1LA15); New York (1NE72); North America (1NO39); Puerto Rico (1PU56); South America (1SO03); U.S. Mid-Atlantic Region (1MI18); USA (1US73); Venezuela (1VE06))
Language: EN
Other Indexing: (New York Fed; U.S. District Court; OPEC; Petroleos de Venezuela; Federal Reserve Bank of New York; Banco San Juan Internacional Inc)
Keywords: banking; banking; litigation
Word Count: 401
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