What is the difference between a foreign branch and a subsidiary bank?

What will be an ideal response?


A foreign branch of a bank is legally a part of the parent bank, but it operates like a local bank. Foreign branch banks are subject to both the banking regulations of their home countries and the countries in which they operate. However, foreign branches of U.S. banks are not subject to U.S. reserve requirements and are not required to have U.S. federal deposit insurance. A subsidiary bank is also wholly or partly owned by a parent bank, but it is incorporated in the foreign country in which it is located. Subsidiary banks are therefore subject to the banking laws of the countries in which they are incorporated.

Business

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What should a supervisor do when a message has not been received fully and correctly by the receiver?

What will be an ideal response?

Business

Which of the following brands is most likely to carry a retailer's chain name?

A) generics B) value brands C) private labels D) national brands

Business

In the context of global marketing, when a domestic firm buys part of a foreign company or joins with a foreign company to create a new entity, it is known as a__________

Fill in the blanks with correct word.

Business

What type of team decision-making technique is a structured way for team members to generate ideas and identify solutions?

a. Problem-solving technique b. Nominal group technique c. Intuitive technique d. Delphi technique

Business