State and federal banking regulators have reached two agreements to coordinate the supervision and examination of foreign banks operating in several states.

Under the first agreement, state banking departments will designate a single state to coordinate supervision and examination of foreign banks operating in several states, according to the Conference of State Bank Supervisors.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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