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New rules for foreign banks: what's at stake?

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  • Mitchell Berlin

Abstract

In response to the financial crisis, stricter rules are being phased in for foreign banks operating on U.S. soil. Mitchell Berlin explains how global banking drives efficiency, how the new rules may impede that efficiency, and why the rules may nevertheless be necessary.

Suggested Citation

  • Mitchell Berlin, 2015. "New rules for foreign banks: what's at stake?," Business Review, Federal Reserve Bank of Philadelphia, issue Q1, pages 1-10.
    • Handle: RePEc:fip:fedpbr:00017
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    References listed on IDEAS

    as
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    Keywords

    Foreign banks; Global banking;

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