Gov. Paterson says that this move is the latest positivedevelopment for Manhattan's financial marketplace. "Once again, NewYork is proving itself to be the capital of global finance," hesays in a prepared statement. "When one of the largest banks in theworld chooses New York City as their US base of operations, it is areminder of the role that our State plays in global financialmarkets."
ICBC's official opening comes in the same week as Goldman SachsGroup Inc. revealed that it has applied to the New York StateBanking Department to become a full-service, state-chartered bank,and will headquarter its US commercial bank in New York City. Onceapproved, Goldman Sachs Bank USA will have approximately $150billion in assets.
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