subsidiary of foreign bank

基本解释

The British financial authorities also had two drills in the past year, one of which examined the impact on a British clearing bank of the failure in London of a foreign banking subsidiary.
同年英国金融管理机构也作了两项模拟，其中之一是观察一间外国银行在伦敦的分支机构倒闭对一家英国清算行的影响。
The sovereign-wealth fund is a subsidiary of the State Administration of Foreign Exchange, which manages China’s foreign-currency reserves and itself comes under the auspices of the central bank.
这个主权财富基金公司隶属于中国国家外汇管理局，负责管理中国的外汇储备并且本身得到央行的资金支持。