Suppose a U.S. bank is considering providing its services abroad. List one possible advantage and one possible

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Suppose a U.S. bank is considering providing its services abroad. List one possible advantage and one possible disadvantage of expanding via the acquisition of a controlling interest in a foreign bank versus the establishment of an international banking facility (IBF)?

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Money Banking and Financial Markets

ISBN: 978-1259746741

5th edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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