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Bank holding company is a money term you need to understand. Here’s what it means.
A bank holding company is a corporate entity that controls one or several operating bank companies.
To be considered a bank holding company, a firm must:
The Federal Reserve Board regulates U.S. bank holding companies.
There are more than 100 bank holding companies in the U.S. with assets greater than $10 billion. Most national banks that people are familiar with are part of bank holding companies.
Want to keep your money safe? Here are Best low-risk investments with modest returns.