商业银行管理Chap020.pptVIP

* * * * * * * * * * Chapter Twenty International Banking and the Future of Banking and Financial Services Key Topics Types of International Banking Organizations Regulation of International Banking Foreign Banking Activity in the United States U.S. Banks Operating Abroad Services Provided by International Banks Managing Currency Risk Exposure Challenges for International Banks in Foreign Markets The Future of Banking and Financial Services Types of International Banking Organizations Representative Offices Limited-service facility: markets home-office services; does not take deposits or book loans Agency Offices Does not take deposits from the public but extends commitments to make or purchase loans Branch Offices The most common organizational form for most international banks: a local office that represents a single large financial-service corporation Types of International Banking Organizations (continued) Subsidiaries Foreign subsidiary possesses its own charter and capital stock; may not necessarily close down if its principal owner fails Joint Ventures Bank concerned about risk exposure in entering a foreign market alone may choose to enter into a joint venture with a foreign financial firm, sharing both profits and expenses Types of International Banking Organizations (continued) Edge Act Corporations Domestic US companies owned by the US or foreign bank but located outside of he home state of the bank that owns them; limited to international transactions Agreement Corporations Subsidiaries of a bank organized under Section 25 of the Federal Reserve Act; devote the bulk of their activities to serving international customers Types of International Banking Organizations (continued) International Banking Facilities (IBF) Computerized account records that are not part of the domestic US accounts of the bank that operates them Shell Branches Offshore locations established in order to escape the burden of regulation Types of International Banking Organiz