Explain the dominance of american banks

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According to an article in Forbes, "American companies can and are raising capital in Japan at relatively low rates of interest. Dow Chemical, for instance, has raised $500 million in yen. That cost the company over 50 percent less than it would have at home." Comment on this statement. Even though the US economy is only about 15% of global GDP, US banks earn 60-70% of global banking fees. Give three reasons to explain the dominance of American banks.

Given the information below, is there an arbitrage opportunity? If there is an arbitrage opportunity, what assumptions are being made?.

Bank A (Grp/USD) BID 1.06 ASK 1.61

Bank B (MYR/USD) BID 0.2 ASK O.202

Bank C (GBD/MYR) BID 8.10 ASK 8.20

Reference no: EM133119963

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