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A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. [1] A holding company usually does not produce goods or services itself. Its purpose is to own stock of other companies to form a corporate group .
A bank holding company is faced with the costs of meeting the accounting, record-keeping and reporting requirements imposed by the Board of Governors of the Federal Reserve. Other regulatory costs
In the United States, a bank holding company, as provided by the Bank Holding Company Act of 1956 (12 U.S.C. § 1841 et seq.), is broadly defined as "any company that has control over a bank". [2] All bank holding companies in the US are required to register with the Board of Governors of the Federal Reserve System .
Under the United States Bank Holding Company Act, financial and bank holding companies are regulated by the US Federal Reserve. [1] Companies whose elections to be treated as financial holding companies are effective include:
Holding an object with the hands, or grasping; Holding, a novel by Graham Norton; Holding (aeronautics), a manoeuvre in aviation; Holding (American football), a common penalty in American football; Holding (law), the central determination in a judicial opinion; Holding (surname) Holding company, a company that owns stock in other companies
A secretary bought three shares of her company's stock for $60 each in 1935. Grace Groner reinvested her dividends for 75 years, and her stake ballooned to $7.2 million.
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It can hold screens from 4-inches up to nearly 13-inches. 4-12.9 inches, and the locking design means there's no wobbling or slipping when it's holding a larger screen.