Federal Reserve Board announces approval of application by BAWAG P.S.K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse Aktiengesellschaft

The following press release was published by the Board of Governors of the Federal Reserve System on Jan. 14. It is reproduced in full below.

The Federal Reserve Board on Friday announced its approval of the application by BAWAG P.S.K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse Aktiengesellschaft, Vienna, Austria, to establish a representative office in Venice, California.

Attached is the Board's order relating to this action.

For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System