Eurobanks are: A. financial intermediaries that simultaneously bid for time deposits in and make loans in a currency other than that of the currency of
Eurobanks are:
A. financial intermediaries that simultaneously bid for time deposits in and make loans in a currency other than that of the currency of where it is located.
B. major world banks that conduct a Eurocurrency business in addition to normal banking activities.
C. banks where Eurocurrencies are deposited.
D. All of the above are descriptions of a Eurobank.
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Authors: George M. Constantinides, Milton Harris, Rene M. Stulz
1st Edition
0444535942, 978-0444535948
