america's global presence in commerce is the backbone of american finance's global domination. nearly every country in world has a mcdonalds, starbucks, microso

america's global presence in commerce is the backbone of american finance's global domination. nearly every country in world has a mcdonalds, starbucks, microsoft, ford and gm and the hundreds of thousands of enterprises ranging from family businesses to faceless behemoths and they all need FX and cash management and funding and commodity hedging and capital raising and securitization and nearly everything else. which other country extends its commercial presence like this? the germans and the european banks (because german companies fund in euros) come to mind - coba, bnp, credit ag - but (1) german industry is not quite as big as the american industry (2) even the american supermarket-style banks like citi compete aggressively in this space.