A major money-center bank in the United States wishes to expand its presence in the unfolding European Community, where it currently services corporate customers but has no physical facilities.Based on the discussion in this chapter what initial forms of facilities would you recommend to its management and why? What special problems can you anticipate given recent announcements by the European Community regarding changes in its monetary system and in its regulation of outside financial-service suppliers?

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The Answer of A major money-center bank in the United States wishes to expand its presence in the unfolding European Community, where it currently services corporate customers but has no physical facilities.Based on the discussion in this chapter what initial forms of facilities would you recommend to its management and why? What special problems can you anticipate given recent announcements by the European Community regarding changes in its monetary system and in its regulation of outside financial-service suppliers?

A Major Money-Center Bank in the United States Wishes to Expand