DEFINITION
Bank Holding Company

Any company that has direct or indirect control of one or more banks and is regulated and supervised by the Federal Reserve in accordance with the Bank Holding Company Act of 1956. BHCs may also own nonbanking subsidiaries such as broker-dealers and asset managers.

Loading conversations.
Similar or Related Terms
Statistics
224
Characters
44
Words
49.15
Flesch Reading Ease
11.9
Flesch Kincaid Grade