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bank holding company
(redirected from Financial holding company)

   Also found in: Acronyms, Wikipedia 0.01 sec.
Bank holding company
A company that owns or has controlling interest in two or more banks and/or other bank holding companies.

bank holding company
A corporation that owns the stock of one or more banks and thus exercises control over the bank or banks. See also holding company.


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a Los Angeles-based financial holding company engaged in nationwide mortgage banking, hired Scott J.
Federal Reserve Bank to operate as a financial holding company in the United States, enabling it to perform additional financial services such as underwriting and merchant banking.
The interpretation clarifies that a banking organization that wishes to engage in underwriting securities that are to be distributed in the United States must be either a financial holding company or have authority to engage in underwriting activity under section 4(c)(8) of the Bank Holding Company Act.
 
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