Breaking with a tradition of focusing mainly on domestic banking issues, the Conference of State Bank Supervisors has launched an international advisory council to represent the interests of foreign banks in the United States.

Officials said the move by the Washington-based supervisors group reflects both the growing role of foreign banks in the economies of several major states and the need to increase coordination with Federal regulators when supervising foreign banks.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.