Tschoegl, Adrian E. - In: Journal of international business studies : JIBS ; an … 33 (2002) 4, pp. 805-815
Nine foreign banks own the ten largest U.S. affiliates or subsidiaries of foreign banks. These account for 86% of the assets in affiliates and subsidiaries. Their histories suggest that most now represent an attempt by the parents to grow outside the confines of home markets. Original motives...