New York bank regulator says Habib Bank to shutter New York branch
Habib Bank Ltd plans to surrender the foreign bank license for its New York branch, New York bank regulators said on Monday, adding that they intend to expand their review of the Pakistan-based bank`s transactions.
Representatives for Habib must also appear at Sept. 7 hearing, according to documents from the New York State Department of Financial Services.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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