Why Would a U

question 74

Multiple Choice

Why would a U.S. bank open a foreign branch bank instead of a foreign chartered subsidiary?

• A)This form of bank organization allows the bank to be able to extend a larger loan to a customer than a locally chartered subsidiary bank of the parent.
• B)To slow down check clearing and maximize the bank's float.
• C)To avoid U.S. banking regulation.
• D)Both a and c