Discuss three ways in which US banks can become involved in

Discuss three ways in which U.S. banks can become involved in international banking.

Solution

The three ways are ennumerated as follows :

1) US banks could open a foreign branch of their bank is the most primary way . It can become overseas bank to some country .

2) By accepting time deposits from foreigners and making loans and advancements to foreigners in US .

3) Purchasing shares in a foreign bank . Opening an Edge Act Corporation .