Exhibit 21

                    REPUBLIC NEW YORK CORPORATION

                             Subsidiaries

                                                            Approximate
                                                            Percentage
                                          Jurisdiction      of Voting
     Name of Entity                       Incorporation     Securities
     --------------                       -------------     -----------

Delaware Securities Processing Corp.      Delaware           100%
R/CLIP Corp.                              Delaware           100%
RCC Futures (Singapore) Ltd.              Singapore          100%
Republic Asset Management Corporation     New York           100%
Republic Bank California, N.A.            United States      100%          
 Republic International Bank of
 New York (California)                    United States      100%
Republic Factors Corp.                    Maryland           100%
Republic Fund Services Limited            B.V.I.             100%
Republic Information and Communications
Services, Inc.                            Maryland           100%
 RICS NJ, Inc.                            New Jersey         100%
Republic New York Mortgage Corporation    Maryland           100%
Republic New York Securities Corporation  Maryland           100%
Republic New York Securities 
International Limited                     England            100%
Republic New York Trust Company
of Florida, N.A.                          United States      100%
RNYC Liquid Portfolio Corporation         Delaware           100%
 RNYC Liquid Portfolio Company Limited    Guernsey           100%
RNYC-NJ Realty Corp.                      New Jersey         100%
RNYC Securities Limited                   Canada             100%

Republic Bank for Savings                 New York           100%
 Brandywine Mortgage Investors
 Corporation                              Delaware           100%
 Delaware Mortgage Investors Corporation  Delaware           100%
 Nevada Asset Management Corporation      Nevada             100%
 Williamsburgh Financial Corporation      Delaware           100%

Republic National Bank of New York        United States      100%
 Annie Sonnenblick Scholarship
 Fund, Inc.                               New York           100% 
 Finalfa S.p.A.                           Italy              100%
 Republic Bullion Corporation             New York           100%   
 Republic Forex Options Corporation       Maryland           100%
 Republic International Bank of New York  United States      100%
  Republic Leasing (Chile) S.A.           Chile              100%
  RIBNY Overseas Investments Holding
  Corporation                             Delaware           100%
   Republic International Management
   Company S.A.M.                         Monaco             100%
  Republic Leasing (Uruguay) S.A.         Uruguay            100%
  Republic National Bank of New York
  (Singapore) Limited                     Singapore          100%
  Republic National Bank of New York
  (Uruguay) S.A.                          Uruguay            100%
 RNYOIC Limited                           Guernsey           100%
 Republic New York Investment Corporation Delaware           100%
 Republic Overseas Banks Holding
 Corporation                              Delaware           100%
  Republic National Bank of New York
  (Canada)                                Canada             100%
  Republic National Bank of New York
  (Cayman) Limited                        Cayman Islands     100%
  Republic National Bank of New York
  (International) Ltd.                    Bahamas            100%
    Imarui, Importacao, Exportacao,
    e Servicos Ltda.                      Brazil              99%
      Imarui Imoveis e 
      Representacoes Ltda.                Brazil             100%
    Republic Leasing Do Brazil            Brazil              50%
  Republic New York Holdings (UK) Limited England            100%
   Republic Mase Bank Limited             England            100%
   Republic Mase Australia Limited        Australia          100%
    Republic Mase Australia (NZ) Limited  Australia          100%
   Republic Mase Hong Kong Limited        Hong Kong          100%
   Republic New York (UK) Limited         England            100%
  Safra Republic Holdings S.A.            Luxembourg         49.8%
   Republic Advisory Services Limited     Bermuda            100%
   Republic National Bank of New York
   (France) S.A.                          France             100%
   Republic National Bank of New York
   (Gibraltar) Limited                    Gibraltar          100%
   Republic National Bank of New York
   (Guernsey) Limited                     Guernsey           100%
    Republic International Trust 
    Company Limited                       Guernsey           100%
   Republic National Bank of New York
   (Luxembourg) S.A.                      Luxembourg         100%
   Republic National Bank of New York 
   (Suisse) S.A.                          Switzerland        100%
   Safra Republic Management Services     Guernsey           100%
   SR Transportation Services S.A.        Switzerland        33.3%
   Safra Republic Investment Limited      Guernsey           100%
    Safra Republic Investments (UK)
    Limited                               England            100%
 RNB Services Limited                     England            99.5%
 15 East 64th Street Corp.                New York           100%