Why would a U.S.bank open a foreign branch bank?
A) Because this form of bank organization can allow a U.S.bank to provide a fuller range of services for its MNC customers than it can through a representative office.
B) To avoid U.S.banking regulation on transactions routed through that foreign country.
C) Because this form of organization allows the bank to service MNC clients at low cost and without the need of having bank personnel located in the country.
D) Because this form of bank organization can allow a U.S.bank to provide a fuller range of services for its MNC customers than it can through a representative office,and to avoid U.S.banking regulation on transactions routed through that foreign country.
Correct Answer:
Verified
Q22: A correspondent bank relationship is established when
A)two
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A)is a way for the
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A)is what lawyers' offices are
Q29: The current exchange rate is £1.00 =
Q30: A bank may establish a multinational operation
Q31: The current exchange rate is €1.00 =
Q32: The most popular way for a U.S.bank
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