I would like to know if JP Morgan Chase, Citigroup, BoA or other American banks offer currency savings accounts services to the common public.

I am 100% positive it is available in other places in the world. See examples below:
http://www.offshore.hsbc.com/1/2/international/savings-accounts/currency-savings-account
http://www.standardchartered.com.hk/personal-banking/deposits/foreign-currency-saving/en/
http://www.offshore.barclays.com/euro-savings-account/

I would also like to know the financial implications of such accounts to a US citizen according to US federal tax laws/relevant state laws.

Thanks!!

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