Lecture 8 Flashcards
International Banking (3 cards)
1
Q
Reasons for U.S banks Global Expansion
A
Increased expanion of US trade and foreing markets
Growth of multinational corporations
Regualtions limited capital transfoers from the US
2
Q
Give example of delivery of overseas banking services
A
Representative offices, Shell branches, foreign subsidiaries and affiliates
3
Q
- Explain the motivation behind the International Banking Act of 1978.
A
Level plauign firled between foreing and domestic banks
