In 1981, the Federal Reserves Permitted U

In 1981, the Federal Reserves permitted U.S. banks to establish international banking facilities. International banking facilities IBFs) are:

A) non-controlling ownership in foreign banks by U.S. banks.
B) branches of U.S. banks in foreign countries.
C) records of transactions involving banks and their international customers are kept separate from the rest of the domestic accounts.
D) import-export specialized companies operated by U.S. banks.