As compared to U.S banks, foreign banks are less regulated and have fewer restrictions concerning the types of business activities they can pursue. Therefore, foreign banks often engage in numerous aspects of multilayer financial deals.

Question

Quizplus · Accepted Answer

Foreign banks often operate under different regulatory frameworks that may allow them more flexibility in engaging in various financial activities compared to U.S. banks, which are subject to stricter regulations like the Dodd-Frank Act.

As Compared to U