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GGD-79-75 1 (1979-08-01)

handle is hein.gao/gaobaazpm0001 and id is 1 raw text is: 



REPORT BY THE


Comptroller General


OF THE UNITED STATES

           Wa$TRICTED    Not to he reIleased oRItsde the Gene-aq
           Aeco°tig Office except on the basis ofs      o a    -o    RELEASED


Consi derab1e Wr~                d      5tn Foreg            E

Banking In The United States

Since 1972




Foreign banks have become an important fac-
tor in the U.S. banking market. Since 1972,
foreign banks have doubled their share of U.S.
banking assets.
Most of this growth has been through foreign
banks opening new offices in the United
States. Foreign bank activity was most pro-
nounced in 1977 and 1978, when foreign
banks established more U.S. bank offices than
they had in the previous 4 years, and when
foreign parties acquired controlling interest in
42 U.S. banks.












     .. O S 4 P                                             110237


5060.1
.9


     GGD-79-75
AUGUST 1, 1979

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