SAVING BANK RULES
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In a stylized world, a range of bank structures exists with varying degrees of centralization of decision-making and restrictions on intra-group capital flows. At one end of the spectrum is a centralized model where the bank operates through a branch structure and capital and liquidity flow freely across business units and across borders, typically under the supervision of the authority where the entity is headquartered. At the other extreme, a bank operates via separately capitalized foreign subsidiaries that are locally incorporated in the countries in which they operate, are subject to local capital and liquidity requirements, have a high degree...
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SAVING BANK RULES
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SAVING BANK RULES
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