The significance of globalization in banking can be seen in which of the following statements?
A) Most American minority group banks are first generation and have not had the time to build up significant cash supplies.
B) Most Asian and Asian American banks are now in their second generation, allowing them to get a stronger foothold in the American economy.
C) Asian banks are more involved in cross-border population and financial flow, thereby establishing themselves in the global economy.
D) All of the above.
Correct Answer:
Verified
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