IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-02148-2_5.html
   My bibliography  Save this book chapter

Foreign Branches of American Banks

In: International Banking and Finance

Author

Listed:
  • Francis A. Lees

    (St John’s University)

Abstract

Like the fabled Hermes American banks have undertaken the great trek, and have moved and extended their field of operations to service a global commerce and travel. This multi-nationalisation could not have proceeded as speedily nor as efficiently as it has in the past decade without resort to the overseas branch. The expansion in number of foreign branches, in number of U.S. banks with foreign branches, and in the assets and deposits held by these branches has been impressive. However, more impressive is the impact this overseas branching has had on the pattern of international bank expansion, the degree of competition, and the channels branching has provided for international short-term capital flows. Foreign branches of American banks provide major links between international financial centres, and permit a more efficient accommodation between the supply and demand for funds in regional sub-markets around the world.

Suggested Citation

  • Francis A. Lees, 1974. "Foreign Branches of American Banks," Palgrave Macmillan Books, in: International Banking and Finance, chapter 5, pages 97-133, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-02148-2_5
    DOI: 10.1007/978-1-349-02148-2_5
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-02148-2_5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.