ICBC STANDARD BANK

In the United States, ICBC has four institutions providing a full suite financial services to consumer, business, and financial institution customers. ICBC's New York branch ("NYBR") engages in wholesale deposit-taking, lending, and other banking services primarily for business clients. The NYBR also serves as the U.S. dollar clearing center for ICBC. Industrial and Commercial Bank of China Financial Services LLC ("ICBC FS") primarily provides fixed-income securities clearing and financing services to institutional clients. In 2015, ICBC purchased a 60% controlling interest in Standard Bank Plc, forming ICBC Standard Bank Plc ("ICBC SB"). ICBC SB wholly owns ICBC Standard NY Holdings Inc, a holding company with two regulated subsidiaries operating in the securities, commodities, swaps and foreign exchange markets, ICBC Standard Securities Inc. ("ICBC Securities"), an SEC-registered broker-dealer and member of the Financial Industry Regulatory Authority, and ICBC Standard Resources..

Also known as: ICBC Standard Bank Plc, ICBC Standard NY Holdings Inc, ICBC Standard Resources (America) Inc., ICBC Standard Securities Inc.

Primary location: New York United States