A foreign branch bank
A) is a small service facility staffed by parent bank personnel that is designed to assist MNC clients of the parent bank in dealings with the bank's correspondents.
B) operates like a local bank,but legally is a part of the parent bank.
C) is subject to domestic regulation only.
D) all of the options
Correct Answer:
Verified
Q16: Multinational banks are often not subject to
Q17: A domestic bank that becomes a multinational
Q18: A bank may establish a multinational operation
Q19: Major distinguishing features between domestic banks and
Q20: A bank may establish a multinational operation
Q22: A correspondent bank relationship is established when
A)two
Q23: A bank may establish a multinational operation
Q24: Why would a U.S.bank open a foreign
Q25: A bank may establish a multinational operation
Q26: A representative office
A)is a way for the
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