Bank Holding Company
A company that owns or controls one or more banks. The Federal Reserve has responsibility for regulating and supervising bank holding company activities, such as approving acquisitions and mergers and inspecting the operations of such companies. This authority applies even though a bank owned by a holding company may be under the primary supervision of the Comptroller of the Currency or the FDIC.
"Bank Holding Company" In Context
"The CapPR is a comprehensive supervisory exercise designed by the Federal Reserve to, among other things, assess the effect on a bank holding company's capital and liquidity profile, of a 27-month hypothetical and highly adverse economic scenario." This Insurance Word is available for Sponsorship Sponsor this Definition Today.