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.
- HSBC
- BNP Paribas
- Deutsche Bank
- UBS Group
This afternoon’s closing foreign exchange and interest rates as of 5:00 pm EST.
| Currency Pairs | Rates as of 5:00pm 31 March 2021 |
| EUR/USD | 1.1724 |
| AUD/USD | 0.7602 |
| GBP/USD | 1.3779 |
| USD/JPY | 110.7500 |
| NZD/USD | 0.6981 |
| USD/CHF | 0.9453 |
| USD/NOK | 8.5335 |
| USD/SEK | 8.7234 |
| USD/CAD | 1.2564 |
| Selected Rates | |
| Fed Funds | .05 |
| Bank prime rate | 3.25 |
| Discount window | .25 |
| 2-yr Treasury | .16 |
| 10-yr Treasury | 1.74 |
| 30-yr | 2.41 |
Alton Drew 