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Unformatted text preview: Placement market is shown in Table 1–4. Global Issues
In addition to these domestic trends, U.S. FIs must now compete not only with other
domestic FIs but increasingly with foreign FIs. For example, Table 1–5 lists the 10
largest banks in the world, measured by total assets, as of 2000. Notice that only 3 of
the top 10 banks are U.S. banks. Table 1–6 lists foreign bank offices’ assets and liabilities held in the United States from 1992 through 2000. Total foreign bank assets over
this period increased from $509.3 billion to $779.9 billion.
The world’s six most active banks, based on the percent of their assets held outside
their home countries, are listed in Table 1–7. These include the two big Swiss banks24
TABLE 1–4 1990 U.S. Private
billions of dollars)
Source: Investment Dealer’s
Digest, various issues, and
Association. www.sia.com 144A placements
Total private placements 23 1995 2000 3.7
483.2 Moreover, in 1999 the Internet gave small savers direct access to IPO’s via a number of newly f...
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This document was uploaded on 03/09/2014 for the course ACC 301 at HELP University.
- Spring '09