Why Would a U

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) 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,as well as avoid U.S.banking regulation.