EXHIBIT NUMBER 21
 
                    SUBSIDIARIES OF OFFITBANK HOLDINGS, INC.
 


NAME OF SUBSIDIARY                                                                        STATE OF INCORPORATION
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OFFITBANK                                                                                        New York
 
OFFITBANK Derivatives, Inc.                                                                      Delaware
 
OFFITBANK Latin America Income Fund, Inc.                                                        New York
 
OFFITBANK Energy Fund, Inc.                                                                      New York
 
OFFITBANK Greater China, Inc.                                                                    Delaware