All Heads of Departments/Offices

March 3, 1988CBP MEMORANDUMTO:All Heads of Departments/OfficesFor your information and guidance, Far East Bank and Trust Company has spun off its dealership operations to its wholly-owned investment house duly registered with the Securities and Exchange Commission as Far East Bank Investments, Inc. (FEBII).As confirmed, Far East Bank's dealership accreditation has been extinguished and the accreditation of FEBII as dealer in government securities has accordingly been approved. cda (SGD.) GABRIEL C. SINGSONSenior Deputy Governor