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Federal Reserve approves National Westminster Bank representative office in Connecticut
The Fed said the London-based National Westminster Bank Plc may set up a representative office in Stamford, Connecticut.
The Federal Reserve Board approved an application by National Westminster Bank Plc, of London, England, to establish a representative office in Stamford, Connecticut, the central bank said in a Thursday announcement.
The approval was described as part of the Fed's process for allowing the bank to open the Connecticut office, according to the release.
The Federal Reserve release was issued at 4:00 p.m. EDT.
Separately, the Federal Reserve also announced approval of an application by FS Bancorp, Inc., though the provided material did not specify additional details.