New York City Banks
> BANK AUSTRIA
> 245 Park Avenue
> New York, N.Y. 10167
> Phone# 1-212-856-1000
> BANK OF BARODA
> 1 Park Avenue South
> New York, N.Y. 10016
> Phone# 1-212-578-4550
> BANK OF LUXEMBOURG
> 712 5th Avenue
> New York, N.Y. 10019
> Phone# 1-212-245-7100
> BANK OF WARSAW
> 405 Park Avenue
> New York, N.Y. 10022
> Phone# 1-212-371-8390
> DEN DANSKE BANK
> 200 Park Avenue
> New York, N.Y. 10017
> Phone# 1-212-681-3800
> INVESTEC ERNST
> 1 Battery Park
> New York, N.Y. 10004
> Phone# 1-212-989-6200
> LLOYDS BANK PLC
> 575 5th Avenue
> New York, N.Y. 10017
> Phone# 1-212-930-5000
> RESERVE - AUSTRALIA
> 1 Liberty Place
> New York, N.Y. 10038
> Phone# 1-212-566-8466
> SWENBANK
> 12 East 49th Street
> New York, N.Y. 10017
> Phone# 1-212-486-8400
> BANK OF CHINA
> 410 Madison Avenue
> New York, N.Y. 10017
> Phone# 1-212-935-3101
> BANK OF PARIS
> 499 Park Avenue
> New York, N.Y. 10022
> Phone# 1-212-415-9400
> CHASE BANK
> 231 Grand Street
> New York, N.Y. 10013
> Phone# 1-212-334-0555
> DEUTSCHE BANK
> 31 West 52nd Street
> New York, N.Y. 10019
> Phone# 1-212-474-8000
> ISRAEL BANK OF NY
> 1350 Broadway
> New York, N.Y. 10068
> Phone# 1-212-714-5660
> AUSTRALIA BANK
> 200 Park Avenue
> New York, N.Y. 10017
> Phone# 1-212-916-9500
> ROMANIAN BANK
> 14 East 38th Street
> New York, N.Y. 10016
> Phone# 1-212-532-6339
> SAN PAOLO BANK
> 245 Park Avenue
> New York, N.Y. 10167
> Phone# 1-212-692-3000
> US TRUST COMPANY OF NY
> 770 Broadway
> New York, N.Y. 10004
> Phone# 1-212-420-6100
> BANK OF INDIA
> 277 Park Avenue
> New York, N.Y. 10017
> Phone# 1-212-753-6100
> BANK OF TOKYO
> 360 Madison Avenue
> New York, N.Y. 10017
> Phone# 1-212-898-9845
> CITIBANK
> 250 Broadway
> New York, N.Y. 10007
> Phone# 1-800-627-3999
> HSBC BANK USA
> 1163 3rd Avenue
> New York, N.Y. 10021
> Phone# 1-800-975-4722
> KOREAN BANK OF NY
> 460 Park Avenue
> New York, N.Y. 10022
> Phone# 1-212-350-7400
> BANK OF CANADA
> 125 West 55th Street
> New York, N.Y. 10019
> Phone# 1-212-632-8500
> ROYAL BANK OF CANADA
> 1 Librty Place
> New York, N.Y. 10006
> Phone# 1-212-428-6200
> STATE BANK OF INDIA
> 39 Broadway
> New York, N.Y. 10006
> Phone# 1-212-785-6633
> WASNINGTON MUTUAL
> 460 Park Avenue
> New York, N.Y. 10016
> Phone# 1-212-213-1110
1. Overview of Banking in NYC
New York City is one of the world's most important financial centers, home to major banks and financial institutions that influence the global economy. The city's prominence in banking dates back to the late 19th century when Wall Street became the hub for major banks, stock exchanges, and insurance companies. Today, NYC continues to be a financial powerhouse, with large multinational banks like JPMorgan Chase, Citibank, and Goldman Sachs headquartered here. The city's banking sector is diverse, ranging from commercial banks to investment banks, and provides a wide array of financial services.
2. The Role of Wall Street
Wall Street, located in the Financial District of Lower Manhattan, is synonymous with the banking and finance industry. It is home to the New York Stock Exchange (NYSE) and NASDAQ, two of the largest stock exchanges in the world. Major banks and financial institutions operate within this district, engaging in activities like investment banking, securities trading, and asset management. The financial health of Wall Street often serves as a barometer for the U.S. economy, influencing markets worldwide. Wall Street banks also play a critical role in financing government debt and supporting the expansion of businesses.
3. Commercial and Retail Banking
New York City's banking landscape also includes a significant presence of commercial and retail banks. These institutions, like Bank of America, Wells Fargo, and TD Bank, offer everyday banking services such as checking and savings accounts, mortgages, and personal loans. Many New Yorkers rely on these banks for managing their day-to-day finances. Over the years, retail banking in NYC has adapted to technological advancements, with digital banking and mobile apps becoming increasingly popular. Despite the rise of online banking, physical branches remain integral for customer service and local community engagement.
4. The Influence of Global Banks
NYC's banking sector is international in scope, with numerous global banks maintaining offices or headquarters in the city. Institutions such as HSBC, Deutsche Bank, and Barclays operate in New York, providing services that extend beyond U.S. borders. These banks engage in cross-border transactions, foreign exchange, and international lending, supporting global trade and investment. The city's strategic location and its role as a cultural and economic melting pot make it an ideal place for these institutions to cater to both domestic and international clients, enhancing NYC's status as a global financial hub.
5. Regulation and Oversight
The banking industry in NYC is subject to stringent regulation and oversight, primarily by federal entities like the Federal Reserve, the Office of the Comptroller of the Currency (OCC), and the Securities and Exchange Commission (SEC). New York State also has its own Department of Financial Services (NYDFS) that oversees the state’s banks and financial institutions. These regulatory bodies ensure that banks comply with legal requirements, maintain capital adequacy, and operate transparently to protect consumers and the broader financial system. The city’s financial sector has faced significant regulatory reforms following the 2008 financial crisis to enhance stability and prevent future crises.
6. Fintech and Innovation in Banking
New York City is also a growing hub for financial technology (fintech) companies that are revolutionizing the banking sector. Fintech startups in NYC are innovating in areas such as peer-to-peer lending, cryptocurrency, digital wallets, and mobile payments, challenging traditional banking models. With a robust network of investors, incubators, and tech talent, NYC has emerged as one of the leading cities for fintech development. Traditional banks in the city have been investing heavily in digital transformation to remain competitive, partnering with fintech firms or developing their own technologies to enhance customer experience and operational efficiency.
> ATLANTIC BANK OF NY
> 960 Avenue of Americas
> New York, N.Y. 10022
> Phone# 1-800-535-2269
> AUSTRIAN NATIONAL
> 767 5th Avenue
> New York, N.Y. 10022
> Phone# 1-212-888-2334
> APPLE BANK FOR SAVINGS
> Wall Street Plaza
> New York, N.Y. 10005
> Phone# 1-914-902-2775
> ARAB BANK PLC
> 520 Madison Avenue
> New York, N.Y. 10022
> Phone# 1-212-715-9700
> STATE BANK OF INDIA
> 39 Broadway
> New York, N.Y. 10006
> Phone# 1-212-785-6633
> WASNINGTON MUTUAL
> 460 Park Avenue
> New York, N.Y. 10016
> Phone# 1-212-213-1110
> ABN AMRO BANK
> 335 Madison Avenue
> New York, N.Y. 10017
> Phone# 1-212-503-2400
> BANK OF AUSTRALIA
> 599 Lexington Avenue
> New York, N.Y. 10022
> Phone# 1-212-848-9200
> BANK OF AMERICA
> 318 Grand Street
> New York, N.Y. 10022
> Phone# 1-800-841-4000