--%>
Assignment Help - homework help

what is Subsidiary bank

State what is meant by Subsidiary bank.

E

Expert

Verified

Subsidiary bank is locally incorporated bank which is either completely owned or owned in the major part by foreign subsidiary.  An affiliate bank is one which is partly owned, however not controlled through its foreign parent.  Both the affiliate and subsidiary banks operate under banking laws of country into which they are incorporated.  U.S. parent banks find the subsidiary and affiliate banking structures desirable since they are permitted in order to engage within the security underwriting.

   Related Questions in Financial Accounting

  • Q : Progressivism and the womens rights

    What was the link between progressivism and the women’s rights movement?

    		•
  • Q : Challenges of friendships How is

    How is friendship differing from other relationships? Explain the challenges of friendships. What are the common expectations for friendships – give an illustration of each. Explain how friendships fluctuate ove

    		•
  • Q : International portfolio for buying

    Why it is easier for an investor willing to diversify his portfolio internationally for buying depository receipts instead of actual shares of the company?

    		•
  • Q : Evaluate the impact of a recent

    A 2000 word essay (maximum allowed 2,200) Accessing Learning Outcomes: Knowledge 1 and 2 Skills 1, 2, 3 and 5                 "Evaluate the impact of a recent healthcare initiative on nursing practice".<

    		•
  • Q : Capitalization Method for Goodwill

    Capitalization Method: (Goodwill method): In this technique capitalized value of the firm is computed on the basis of normal rate of return. Difference between the capitalized value and real capital employed is termed as goodwill.

    		•
  • Q : Firm Overview Midterm Project The

    Midterm Project The Midterm Project has two parts. First, using the fact pattern below, develop a list of five to eight goals for the law firm. A goal

    		•
  • Q : Time draft Explain how does time draft

    Explain how does time draft become a banker’s acceptance?

    		•
  • Q : Separately-priced-items strategy

    Problem 1.  The manager of Joe's Menswear has noticed that over the past two holiday seasons their usual sales strategy of marking down prices has not been yielding the boost in revenues that it once did.  JM sell men's suits, dress shirts,

    		•
  • Q : Types of international bond market

    List the important types of the international bond market instruments.

    		•
  • Q : Deviations from purchasing power parity

    Explain about deviations from purchasing power parity for countries competitive positions within the world market.

    		•