Who Owns the Major US Subsidiaries of Foreign Banks? A Note

In 2000 ten foreign banks owned the 12 largest US subsidiaries of foreign banks, which account for over 92% of the assets of all subsidiaries. The parent banks were large and tended to be from English-speaking countries. The novel result is that the parent was often the largest bank in its home country, which suggests that domestic limits to growth are a factor in the foreign direct investment decision.

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Year of publication:	2003-04
Authors:	Tschoegl, Adrian E.
Institutions:	Financial Institutions Center, Wharton School of Business
Subject:	foreign banks \| subsidiaries \| FDI \| resource-based view

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Extent:	application/pdf
Series:	Center for Financial Institutions Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Classification:	G2 - Financial Institutions and Services ; F2 - International Factor Movements and International Business
Source:	RePEc - Research Papers in Economics

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