Definitions from the Web
Bank Holding Company
A bank holding company is a type of financial institution that controls one or more banks. It has the majority ownership and exercises control over the management and operations of its subsidiary banks.
Example sentences:
- The bank holding company recently acquired two regional banks.
- As a bank holding company, they are required to comply with additional regulatory requirements.
- Many bank holding companies offer a wide range of financial services to their customers.
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