If a Foreign Bank Operates a Subsidiary Bank in the U.S

question 23

Multiple Choice

If a foreign bank operates a subsidiary bank in the U.S. ,the subsidiary bank is

• A)subject to the same regulations as a U.S. owned bank.
• B)only subject to the regulations of the country in which the foreign bank is chartered.
• C)restricted to making loans to only foreign citizens in the U.S.
• D)restricted to accepting deposits from foreign citizens living in the U.S.