Why have international banks increasingly provided their own overseas operations rather than using correspondent banks?
What will be an ideal response?
Providing its own overseas operations enables a larger bank to compete better internationally. A bank that has its own foreign operations can access new sources of deposits and profitable lending opportunities. The bank can also better meet the needs of domestic clients with international banking needs.
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With a design/build contract:
a. the owner serves as the renovation designer, with construction performed by in-house staff b. the construction contractor serves as the designer as well as the builder c. the designer provides designs to the contractor that constructs the project d. none of the above
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a. true b. false
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