what is Subsidiary bank
State what is meant by Subsidiary bank.
Expert
Subsidiary bank is locally incorporated bank which is either completely owned or owned in the major part by foreign subsidiary. An affiliate bank is one which is partly owned, however not controlled through its foreign parent. Both the affiliate and subsidiary banks operate under banking laws of country into which they are incorporated. U.S. parent banks find the subsidiary and affiliate banking structures desirable since they are permitted in order to engage within the security underwriting.
In Modigliani-Miller equation, why is market value of the levered firm is more than the market value of an equivalent unlevered firm?
Give a brief contrast between flexible and fixed budgets?
A bank quotes an interest rate of 13.5% per annum with quarterly compounding. What is the equivalent rate with (a) continuous compounding and (b) annual compounding?
State advantages and disadvantages of FDI as opposed to the licensing agreement with the foreign partner?
Define the terms Fictitious Assets?
Capitalization Method: (Goodwill method): In this technique capitalized value of the firm is computed on the basis of normal rate of return. Difference between the capitalized value and real capital employed is termed as goodwill.
Providing reasons, describe the treatment assigned to the following which estimates national income.(i) Family members working freely on farm owned by family.(ii) The Payment of interest on borrowings through general government.
What is the difference among personal or real account and nominal account?
State some of the advantages of currency options contract as a hedging tool as compared with the forward contract?
State some of the conditions under which the foreign subsidiary’s financial structure become relevant?
18,76,764
1922317 Asked
3,689
Active Tutors
1439871
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!