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International business acquisition

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The Acme Company is exploring many strategic options. Whichever global business strategy the Acme Company eventually chooses, the firm inevitably will require the services of a bank to help manage its working capital. Many major multinational banks provide a variety of working capital and multinational cash management services.

Some U.S. banks also have international operations. If the company acquired a company in another country, should a local bank in that country with international operations be utilized? Why? A few US banks with international operations are below: Should one of these be utilized and why?

Bank of America

HSBC

Citibank

Reference no: EM1339957

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