„Bank Holding Company“

What does Bank Holding Company stand for?

(USA) Any company which directly controls, with power to vote, more than five percent of voting shares of two or more banks (as defined by the Bank Holding Company Act .

Source:

“Carnell, Richard Scott., Macey, Jonathan R., & Miller, Geoffrey P. (2018). The Law of Financial Institutions. Wolters Kluwer Law & Business. pp. 400-401.”

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