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:
“A self is, by its very essence, a being with a past. One must look lengthwise backwards in the stream of time in order to see the self, or its shadow, now moving with the stream, now eddying in the currents from bank to bank of its channel, and now strenuously straining onwards in the pursuit of its chosen good.”
—Josiah Royce (1855–1916)
“For support, I fall back on my heart. Has a man any fault a woman cannot weave with and try to change into something better, if the god her man prays to is a mother holding a baby?”
—Haniel Long (1888–1956)
“We noticed several other sandy tracts in our voyage; and the course of the Merrimack can be traced from the nearest mountain by its yellow sand-banks, though the river itself is for the most part invisible. Lawsuits, as we hear, have in some cases grown out of these causes. Railroads have been made through certain irritable districts, breaking their sod, and so have set the sand to blowing, till it has converted fertile farms into deserts, and the company has had to pay the damages.”
—Henry David Thoreau (1817–1862)