A bank holding company is a company that controls one or more banks, but does not necessarily engage in banking itself.
Read more about Bank Holding Company: United States
Famous quotes containing the words bank, holding and/or company:
“O Gold! I still prefer thee unto paper,
Which makes bank credit like a bark of vapour.”
—George Gordon Noel Byron (1788–1824)
“O, she walked unaware of her own increasing beauty
That was holding men’s thoughts from market or plough,”
—Patrick MacDonogh (1902–1961)
“The Bermudas are said to have been discovered by a Spanish ship of that name which was wrecked on them.... Yet at the very first planting of them with some sixty persons, in 1612, the first governor, the same year, “built and laid the foundation of eight or nine forts.” To be ready, one would say, to entertain the first ship’s company that should be next shipwrecked on to them.”
—Henry David Thoreau (1817–1862)