Banking Department Announces Lifting of Written Agreement
May 6, 2010
New York, N.Y.: The New York State Banking Department announced today the lifting of a written agreement with Sumitomo Mitsui Banking Corporation.
The agreement had been in effect since January 22, 2007 and is available on the Banking Department’s website at http://www.banking.state.ny.us/ea070124.pdf.
The New York State Banking Department is the regulator for all state-chartered banking institutions, virtually all of the United States offices of international banking institutions, all of the State’s mortgage brokers, mortgage bankers, check cashers, money transmitters and budget planners. The aggregate assets of the depository institutions supervised by the Banking Department are more than $2.4 trillion.