Journal Article

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


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.

Keywords: Foreign banks; Global banking;

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Bibliographic Information

Provider: Federal Reserve Bank of Philadelphia

Part of Series: Business Review

Publication Date: 2015

Issue: Q1

Pages: 1-10