The environment of international banking:
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Englewood Cliffs, NJ
Prentice Hall
1990
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| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | XV, 288 S. |
| ISBN: | 0132828561 |
Staff View
MARC
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| 100 | 1 | |a Hultman, Charles W. |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a The environment of international banking |
| 264 | 1 | |a Englewood Cliffs, NJ |b Prentice Hall |c 1990 | |
| 300 | |a XV, 288 S. | ||
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| 650 | 7 | |a Banques - États-Unis |2 ram | |
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| 650 | 4 | |a Banks and banking, International | |
| 650 | 4 | |a Banks and banking -- United States | |
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| 650 | 0 | 7 | |a Internationaler Kreditmarkt |0 (DE-588)4120506-6 |2 gnd |9 rswk-swf |
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CONTENTS
Preface xi
PART I BASIC NATURE OF INTERNATIONAL BANKING
Chapter 1 Structure of International Banking 1
Entering International Commerce 2
Types of Offices and Relationships with Foreign
Banks 3
Nature of Offices and Relationships 4
Correspondent Banking, 4
Representative Office, 5
Agency, 5
Foreign Branch, 6
Subsidiary, 6
Affiliate, 6
Edge Act Corporations, 7
Agreement Corporations, 7
Bank Holding Company, 7
iii
iv Contents
Joint Venture, 7
Consortium Bank, 8
Syndicated
New Yorklnvestmeni Companies, 8
Factors Affecting Type of Office, 8
The Network of International Banks 12
CHIPS 13
The Relative U.S. Position 14
Bank Size and the Growing Japanese influence 16
Summary and Conclusions 18
Chapter 2 Basic Functions Of International Banks 21
Banks and the Foreign Exchange Market 21
Spot and Forward Markets 23
Foreign Exchange Futures 25
Foreign Exchange Risk Management 25
The International Lending Function 26
Net U.S. Bank Capital Hows 30
Volume of International Lending 31
Securitization 33
Basis for International Banking 36
Summary and Conclusions 38
Appendix A 2.1 The U.S. Balance Of Payments 41
Chapter 3 Framework for international Financial Activity 45
The IMF 45
The Collapse of the Pegged Exchange Rate
System 47
Surveillance Procedures 48
Nature of Post Bretton Woods Exchange Rate
System 48
Initial Experience with the Floating Rate 52
Recent Experience with the Float 53
United States Exchange Rate Policy 55
Contents v
United States Current Account Deficit and Net
Debtor Status 57
G 5 Efforts 58
Gold and Other Official Reserves 60
Special Drawing Rights 63
European Monetary System 65
Other International Financial Institutions 66
Summary and Conclusions 67
Chapter 4 Innovation in World Financial Markets 69
Eurocurrency Market 70
Size and Other Features of Eurocurrency
Market 73
Eurodollar Futures Market 76
Eurocurrency Credits 76
Asian Dollar Market 77
Monetary Control and the Offshore Market 78
Impact of OPEC 79
International Bond Market 81
Innovation in Financial Instruments 84
Summary and Conclusions 86
PART II FOREIGN COMMERCIAL BANKING IN THE U.S.
Chapter 5 Nature of U.S. Market—A National Perspective 89
Attractions of U.S. Market 89
General Nature of Foreign Presence 90
Initial Legal Framework for Foreign Banks 92
Concern with Foreign Banks 93
Provisions of the International Banking Act 94
The IBA, National Treatment, and Reciprocity 95
Results of the IB A 96
Subsidiaries 97
vi Contents
Agencies 99
Branches 100
Edge Act Corporations 101
Representative Offices 102
Savings and Loan Associations 102
Source of Charter/License 103
Deposit Insurance 104
Relative Importance of Foreign Offices 105
Foreign Representation 107
Japanese Banks 108
Nature of Internal Changes 109
Summary and Conclusions 112
Chapter 6 The U.S. Market—A State Perspective 115
General Nature of State Laws 116
Advantages and Disadvantages of Foreign
Offices 117
Factors Affecting State Policies 119
Action to Control Foreign Bank Offices 120
Techniques to Protect Depositors 120
Other Types of Restrictions 122
Tax Considerations 123
Foreign Office Location by State 124
Florida, Georgia and Delaware Experience 125
Interstate Banking and Foreign Banks 125
Interstate Banking and Regional Reciprocity 127
Foreign Banks, Representative Offices and Loan
Production Offices 128
Summary and Conclusions 130
Chapter 7 Foreign Control and Acquisitions—The Takeover
Controversy 131
Nature of Foreign Ownership 132
Potential Problems of Foreign Ownership 134
Conditions for Foreign Acquisition 136
Contents vii
Bank Holding Companies and Their Use by
Foreigners 138
Nature of Benefits of Foreign Ownership 140
Summary and Conclusions 141
PART 111 U.S. COMMERCIAL BANKS IN OVERSEAS ACTIVITIES
Chapter 8 Nature of Overseas Operations 143
Factors Contributing to U.S. Banking
Abroad 144
Growth in Banking Activity 145
Composition of Banking Claims Abroad 146
Country Exposure 148
Export Trading Companies 150
Factors Contributing to U.S. Establishment of
Foreign Offices 151
Edge Act Corporations 152
Forms of Organization 154
United States Branch Banks Abroad 154
Foreign Subsidiaries 156
Bank Consortia 157
International Banking and U.S. Tax Reform
Act 157
The U.S. as a Net Debtor Country 158
Summary and Conclusions 160
Appendix A 8.1 Permissible Activities in Overseas Operations 163
Chapter 9 U.S. Bank Access to Foreign Markets 165
Foreign Treatment of U. S. Banks 165
Changes Since the IBA and the National Treatment
Policy 167
The Japanese Position 171
GATT and Service Trade 172
Domestic Obstacles to Banking Abroad 174
Summary and Conclusions 178
viii Contents
Chapter 10 Offshore Centers and International Banking Facilities 179
Offshore Centers 179
International Banking Facilities 183
Legislative Action by Various States 184
Locational Impact of IBFs 188
Other Aspects of IBFs 189
Summary and Conclusions 190
Chapter 11 International Lending and Risk 191
Nature of Lending Risk 191
Magnitude of Debt Problem 192
U.S. Lending Contribution 195
Factors Contributing to Repayment Problems 197
Oil Exporting Debtor Countries 200
Adverse Impact on Banks and the Financial
System 201
Summary and Conclusions 204
Chapter 12 Coping with Risk and Repayment Problems in
International Lending 205
Country Diversification 206
Quantification of Country Risk 206
Overseas Private Investment Corporations 209
Asset Valuation and Loan Loss Reserves 210
Country Exposure and a Supervisory System 212
Secondary Debt Market and Level of Loan loss
Reserves 215
International Lending Supervision Act 216
Developments in Bank Exposure and Capital 218
Other Effects of the ILSA 219
The Omnibus Trade and Competitiveness Act of
1988 220
Other Proposals 220
Summary and Conclusions 222
Contents ix
Chapter 13 Multilateral Action on Debt Problems 225
Debt Restructuring 225
Paris Club Restructuring 227
Official Debt Rescheduling by the U.S. 228
Commercial Debt Restructuring 229
Mexico s Debt Restructuring 230
The Baker Plan 232
Debt to equity Swaps 234
IMF Activities 235
Other Debt Relief Proposals 237
Summary and Conclusions 238
Chapter 14 International Bank Supervision and U.S. Participation 241
The Basle Concordat 243
U.S. Supervisory Policies and Structure 244
The U.S. as Host Authority 245
The U.S. as the Parent Authority 246
Regulation of Capital Adequacy and
Off balance sheet Items 248
United States British Plan for Uniform Bank
Requirements 250
G 10 Proposals 251
Implications of Capital Guidelines 253
Bush Task Group Proposals 254
Political Factors and International Banking 256
Summary and Conclusions 258
Appendix A14.1 Summary of Revised Risk Based Capital
Adequacy Guidelines for U.S. Banking Organizations 261
Epilogue 26S
General Nature of Changes in the
United States 266
x Contents
Changes at the International Level 270
Conclusions 273
General Bibliography 275
Index 282
|
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| spelling | Hultman, Charles W. Verfasser aut The environment of international banking Englewood Cliffs, NJ Prentice Hall 1990 XV, 288 S. txt rdacontent n rdamedia nc rdacarrier Banques - États-Unis ram Banques internationales ram Bank Banks and banking, International Banks and banking -- United States Internationale Bank (DE-588)4140009-4 gnd rswk-swf Internationaler Kreditmarkt (DE-588)4120506-6 gnd rswk-swf USA USA (DE-588)4078704-7 gnd rswk-swf USA (DE-588)4078704-7 g Internationaler Kreditmarkt (DE-588)4120506-6 s Internationale Bank (DE-588)4140009-4 s DE-604 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=002657114&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Hultman, Charles W. The environment of international banking Banques - États-Unis ram Banques internationales ram Bank Banks and banking, International Banks and banking -- United States Internationale Bank (DE-588)4140009-4 gnd Internationaler Kreditmarkt (DE-588)4120506-6 gnd |
| subject_GND | (DE-588)4140009-4 (DE-588)4120506-6 (DE-588)4078704-7 |
| title | The environment of international banking |
| title_auth | The environment of international banking |
| title_exact_search | The environment of international banking |
| title_full | The environment of international banking |
| title_fullStr | The environment of international banking |
| title_full_unstemmed | The environment of international banking |
| title_short | The environment of international banking |
| title_sort | the environment of international banking |
| topic | Banques - États-Unis ram Banques internationales ram Bank Banks and banking, International Banks and banking -- United States Internationale Bank (DE-588)4140009-4 gnd Internationaler Kreditmarkt (DE-588)4120506-6 gnd |
| topic_facet | Banques - États-Unis Banques internationales Bank Banks and banking, International Banks and banking -- United States Internationale Bank Internationaler Kreditmarkt USA |
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