In International Banking

In international banking

A) deposits of foreign branches in the United States can be insured by the FDIC
B) a commercial bank does not usually maintain a deposit in the correspondent bank
C) a representative office does not accept deposits, engage in lending, or offer other banking activities
D) maintaining a corresponding banking relationship is not important for banks that have multinationals as their customers
E) a parent bank's ownership of its overseas subsidiary has to be 100 percent