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Regional bank |
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Regional bankA bank operating in a specific region of the country, taking deposits and offering loans.Regional bank Similar MatchesRegional stock exchangesRegional stock exchangesOrganized national securities exchanges located outside of New York City and registered with the SEC They include: the Boston, Cincinnati, Intermountain (Salt Lake City-dormant, owned by COMEX), Midwest (Chicago), Pacific (Los Angeles and San Francisco), Philadelphia (Philadelphia and Miami), and Spokane (local mining and Canadian issues, non-reporting trades) SEC. Regional fundRegional fundA mutual fund that invests in a specific geographic area overseas, such as Asia or Europe. Open regionalismOpen regionalismRegional economic integration that is not discriminatory against outside countries; typically, a group of countries that agrees to reduce trade barriers on an MFN basis. Adopted as a fundamental princple, but not defined, by APEC in 1989. Bergsten (1997) offers five definitions, ranging from open membership to global liberalization and trade facilitation. RegionalismRegionalismThe formation or proliferation of preferential trading arrangements. Regional Check Processing Center (RCPC)Regional Check Processing Center (RCPC)A Federal Reserve check processing operation that clears checks drawn on depository institutions located within a specified area. RCPCs expedite collection and settlement of checks within the area on an overnight basis. Further SuggestionsRegional aidRegional policy |
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