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Court Dismisses Custodia Bank’s Challenge Against Federal Reserve - UK Daily: Tech, Science, Business & Lifestyle News Updates
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    Friday, May 1

    Court Dismisses Custodia Bank’s Challenge Against Federal Reserve

    bibhutiBy Finance No Comments1 Min Read



    Court Dismisses Custodia Bank's Challenge Against Federal ReserveIn a significant ruling, a federal judge has dismissed Custodia Bank Inc.’s claim for entitlement to a Federal Reserve master account, marking a setback for the Wyoming-based depository institution. Custodia Bank argued that the Federal Reserve Bank of Kansas City (FRBKC) was legally obliged to grant its application for a master account, a critical financial […]



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