MONEY CENTER BANKName:Grade Course:Tutor`s Name: (05, April 2011) Money Center Bank The essay is a critical examination of differences between money center banks and other banks which include small banks, community banks, regional banks as well as foreign ones that do business in the United States of America. The size of the bank is also clearly stated; it has a very large balance sheet, much larger than even a mid-sized regional bank. Money center banks refers to larger banks in certain major financial center that borrow from and lend to governments, corporations and other financial institutions particularly banks instead of consumers. It is apparent that money center banks are distinct from other set of banks in terms of services they provide, market area, customers, size and advantages. Examples of money center banks include such organizations as Citibank, J P Morgan Chase, and Bank of America In terms of market area, money center bank has a wider market area, typically in the entire globe. To do this successfully, it has to develop as well as maintain their presence in the international arena of business. Creation of new branches as well as offic...