Bank Holding Company
Bank Holding Company. Any company that owns and/or has direct or indirect control of one or more banks; BHCs may also own nonbanking subsidiaries such as broker-dealers and asset managers
A bank holding company may also own another bank holding company, which in turn owns or controls a bank; the company at the top of the ownership chain is called the top holder.
- Office of Financial Research (OFR) Annual Report, 2012, Glossary
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