Federal Reserve Board approves application by the Bank of East Asia, Limited

The following press release was published by the Board of Governors of the Federal Reserve System on Sept. 29, 2017. It is reproduced in full below.

The Federal Reserve Board on Friday announced its approval of the application by the Bank of East Asia, Limited, Hong Kong SAR, People's Republic of China, to upgrade its existing limited federal branch in Los Angeles, California, to a full-service branch.

Attached is the Board's order relating to these actions.

For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System