4  Between 1972 and 1977, the number of foreign banking institutions in the United States roughly doubled, while the total assets of those institutions roughly tripled in absolute terms and doubled as a proportion of all banking assets in the United States, reaching nearly 13 percent.
Henry Terrell and Sydney Key (1977), “The Growth of Foreign Banking in the United States: An Analytical Survey”, in Key Issues in International Banking, Conference Series No. 18 (Boston: Federal Reserve Bank of Boston, October). 5  Pub. L. No. 95-369, 92 Stat. 607, codified at 12 U.S.C. 3101–3111. 6  Pub. L. No. 106-102, 113 Stat. 1338.