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Trade Theories and International Banking

In: Trade, Investment and Competition in International Banking

Author

Listed:
  • Aidan O’Connor

Abstract

International banking is comprised of cross-border banking services and foreign direct investment by banks. The choice of strategy determines the range of services that a bank may offer and depends on the resources of the bank. Banks may also provide cross-border banking services through foreign offices to its home country and to third countries. These strategies are not substitutes as much of what is considered cross-border banking requires a foreign presence to originate the business and to deliver the service. Another element to trade in banking services involves the temporary presence of bank personnel in a foreign country to transact business, whether through a permanent foreign office in that country or not.

Suggested Citation

  • Aidan O’Connor, 2005. "Trade Theories and International Banking," Palgrave Macmillan Books, in: Trade, Investment and Competition in International Banking, chapter 4, pages 97-116, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-51237-5_5
    DOI: 10.1057/9780230512375_5
    as

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