Offshore banks
A) are frequently located on old oil drilling platforms located in international waters.
B) are often located in "pariah" countries like North Korea and Iran.
C) operate as branches or subsidiaries of the parent bank.
D) none of the options
Correct Answer:
Verified
Q39: Correspondent bank relationships can be beneficial
A)because a
Q40: A foreign branch bank operates like a
Q41: In reference to capital requirements,
A)bank capital adequacy
Q42: Foreign banks that establish subsidiary and affiliate
Q43: An affiliate bank is
A)a locally incorporated bank
Q45: Edge Act banks
A)can accept foreign deposits,extend trade
Q46: The core of the international money market
Q47: U.S.banks that establish subsidiary and affiliate banks
A)are
Q48: In reference to capital requirements,value-at-risk analysis
A)refers to
Q49: The major legislation controlling the operation of
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