________________ are financial institutions located in the United States that cater to the needs of foreign individuals, corporations, and/or government that allow non-U.S. residents to hold unregulated eurodollar deposits.

Question

Quizplus · Accepted Answer

International Banking Facilities (IBFs) are specifically designed to cater to the banking needs of foreign entities, allowing them to hold eurodollar deposits in the United States without being subject to the same regulations as domestic deposits.

________________ Are Financial Institutions Located in the United States That