Moving capital from Europe to Baltimore, Maryland? Start with a bank with a Baltimore branch …

Alton Drew, ,

We identified 50 of the largest banks in Europe and asked how many of these banks have a branch located in Baltimore, Maryland. One of the more direct ways to move capital from a home base in Europe into the US is for an investor to move funds through a bank account where the bank also has a branch in the U.S. Only a small handful of European banks are located in the Baltimore, Maryland area. We will explore what exposure these European banks have in other American cities, but today we start with Charm City.

  1. HSBC
  2. BNP Paribas
  3. Deutsche Bank
  4. UBS Group

This afternoon’s closing foreign exchange and interest rates as of 5:00 pm EST.

Currency PairsRates as of 5:00pm 31 March 2021
EUR/USD1.1724
AUD/USD0.7602
GBP/USD1.3779
USD/JPY110.7500
NZD/USD0.6981
USD/CHF0.9453
USD/NOK8.5335
USD/SEK8.7234
USD/CAD1.2564
  
Selected Rates 
Fed Funds.05
Bank prime rate3.25
Discount window.25
2-yr Treasury.16
10-yr Treasury1.74
30-yr2.41
Source: Reuters, Bloomberg, Federal Reserve

Published by Alton Drew

I graduated from The Florida State University with a Bachelor of Science in economics and political science (1984); a Master of Public Administration (1993); and a Juris Doctor (1999). I am a member of the Maryland Bar and practice political law. You can follow me on Twitter @altondrew. You can email me at altondrew@altondrew.com.

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