What is the difference between a foreign branch and a subsidiary bank?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (18 reviews)
A foreign branch of a bank is legally a part of the parent b...View the full answer
Answered By
John Aketch
I have a 10 years tutoring experience and I have helped thousands of students to accomplish their educational endeavors globally. What interests me most is when I see my students being succeeding in their classwork. I am confident that I will bring a great change to thins organization if granted the opportunity. Thanks
5.00+
8+ Reviews
18+ Question Solved
Related Book For
International Financial Management
ISBN: 978-0132162760
2nd edition
Authors: Geert Bekaert, Robert J. Hodrick
Question Posted:
Students also viewed these Finance questions
-
What is the difference between a foreign branch and a foreign subsidiary of a home-country bank?
-
What is the difference between a bank operating line of credit and a traditional loan?
-
What is the difference between a nozzle flow and a throttle process?
-
Which statement about the pass-by-reference is NOT true? a.Every time you pass a reference variable to a method, you also pass the object referred by the refenerece variable to the method. b.In the...
-
The Coca-Cola Company is a global soft drink beverage company (ticker symbol KO) that is a primary and direct competitor with PepsiCo. The data in Exhibits 12.14-12.16 (pages 943-946) include the...
-
Sajjad Company's investments in available-for-sale securities at December 31 show total cost of $195,000 and total fair value of $210,000. Prepare the adjusting entry.(SO 3)
-
Does the balance sheet of Apple in Appendix A indicate the identifiable assets owned by its business segments? If so, list them. AppendixLO1
-
You work for a CPA firm that has been hired by Widget Tek Inc., a merchandising company that is getting ready to expand. The president of Widget Tek Inc. is concerned with obtaining a loan for the...
-
not all ratios are important or applicable to all organizations. In particular, service organizations have different business models than manufacturing organizations. Using The Company Boeing,...
-
An investor is considering depositing $20,000 in an account earning 5% compounded quarterly for the next three years. Afterwards, he will take this amount and contribute $200 quarterly for the next...
-
What is VaR?
-
Will an MNC issuing debt in low-interest-rate currencies necessarily lower its cost of funds? Why?
-
Show that the rate of heat conduction per unit length through a long hollow cylinder of inner radius ri and outer radius ro, made of a material whose thermal conductivity varies linearly with...
-
Identify at least two business systems that support the development of effective work relationships Briefly explain how each system supports the development of effective work relationships.
-
Power and Influence Personal Plan - How will you navigate the realms of power and influence? Why is this personal plan important for you? What do you want to achieve? do a table with SMART goals -...
-
A single-stage trickling-filter plant is proposed for treating a dilute wastewater with a BOD concentration of 170 mg/L. The plant is located in a warm climate, and the minimum wastewater temperature...
-
For the first assignment for this course, compose a written document that contains the following: A description and assessment of your past experiences with policy and program planning, either your...
-
What are the key motivators driving consumer purchasing decisions in our industry? How do consumers perceive our brand compared to competitors, and what factors influence brand loyalty?
-
Examining polarities requires language that is inclusive and has both/and recognition. Identify a both/and statement that is meaningful to you (like activity/rest; work/home life) and share it with a...
-
Catalytic hydrogenation of naphthalene over PdC results in rapid addition of 2 moles of H 2 . Propose a structure for this product.
-
Prepare journal entries to record transactions for Vitalo Company. Nov. 1 Accepted a $6,000, 180-day, 8% note from Kelly White in granting a time extension on her past-due account receivable....
-
Discuss the advantages and disadvantages of maintaining multiple manufacturing sites as a hedge against exchange rate exposure.
-
Evaluate the following statement: "A firm can reduce its currency exposure by diversifying across different business lines."
-
Exchange rate uncertainty may not necessarily mean that firms face exchange risk exposure. Explain why this may be the case.
-
On April 1, year 1, Mary borrowed $200,000 to refinance the original mortgage on her principal residence. Mary paid 3 points to reduce her interest rate from 6 percent to 5 percent. The loan is for a...
-
Give a numerical example of: A) Current liabilities. B) Long-term liabilities?
-
Question Wonder Works Pte Ltd ( ' WW ' ) produces ceramic hair curlers to sell to department stores. The production equipment costs WW $ 7 0 , 0 0 0 four years ago. Currently, the net book value...
Study smarter with the SolutionInn App