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Explain why a domestic bank in the U.S. might create a subsidiary bank in a foreign...

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Finance

Explain why a domestic bank in the U.S. might create asubsidiary bank in a foreign location like the Cayman Islands.

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4.4 Ratings (915 Votes)
Mostly the question can be answered in assumption based That means We can not say the fact and exact reasons why the bank is opening its subsidiaries in foreign countries because that depends on the banks vision and mission with objectives But the common reasons that we can assumed    See Answer
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