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Every bank either is a subsidiary of a US bank, or has a US subsidiary, or has a partnership of some sort that's close enough to do business that involves the U
by Arnt 6y ago
Every bank either is a subsidiary of a US bank, or has a US subsidiary, or has a partnership of some sort that's close enough to do business that involves the US. So if the US wants to push a bank around, it can.
Of course, such pushes do not generate goodwill and friendship.