If a foreign bank operates a subsidiary bank in the U.S., the subsidiary bank is
A. subject to the same regulations as a U.S. owned bank.
B. only subject to the regulations of the country in which the foreign bank is chartered.
C. restricted to making loans to only foreign citizens in the U.S.
D. restricted to accepting deposits from foreign citizens living in the U.S.
Answer:A
If a foreign bank operates a subsidiary bank in the U.S., the subsidiary bank is
A. subject to the same regulations as a U.S. owned bank. B. only subject to the regulations of the country in which the foreign bank is chartered. C. restricted to making loans to only foreign citizens in the U.S. D. restricted to accepting deposits from foreign citizens living in the U.S.