The determinants of US banking activity abroad

Abstract

The banking industry provides an excellent example of the internationalization of world business and economic interdependencies across countries. Analysis of the past growth of international banking operations can also prove useful to banks interested in augmenting their current business or expanding their international coverage, and to banks who anticipated future competition in their markets from new or strengthened foreign competitors. This study provides the most comprehensive examination of the development of US bank branches in other countries is presented and tested in order to facilitate the understanding of the expansion of international banking.