A Comparative Multiproduct Cost Study of Foreign-Owned and Domestic-Owned US Banks

@inproceedings{Elyasiani2002ACM,
  title={A Comparative Multiproduct Cost Study of Foreign-Owned and Domestic-Owned US Banks},
  author={Elyas Elyasiani and Rasoul Rezvanian},
  year={2002}
}
Significant presence of foreign-owned banks (FOBs) in the US banking markets has raised concerns about concentration of economic and financial power in foreign hands and increased risk exposure of the banking system. The proponents counter that international cost synergies, heightened competition, and improved bank performance resulting from the presence of FOBs justify foreign bank expansion. This paper contrasts the production technologies and the cost characteristics of the FOBs and the… CONTINUE READING

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