Search results
Results from the WOW.Com Content Network
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. In some jurisdictions around the world, holding companies are called ...
A bank holding company is a company that controls one or more banks, but does not necessarily engage in banking itself. [1] The compound bancorp (banc/bank + corp[oration]) or bancorporation is often used to refer to such companies as well, particularly in the United States.
Chase Bank is the consumer banking division of holding company JPMorgan Chase & Co., which has $3.4 trillion in assets. Nearly half of U.S. households are customers of Chase, according to the bank ...
A subsidiary, subsidiary company, or daughter company [1] [2] [3] is a company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company.
Foreign personal holding company income (FPHCI), including dividends, interest, rents, royalties, and gains from alienation of property that produces or could produce such income. Exceptions apply for dividends and interest from related persons organized in the same country as the CFC, active rents and royalties, rents and royalties from ...
A corporate group is composed of companies. The general rule is that a company is a separate legal entity from its shareholders, that is the shareholder's liability for the subsidiary's debts is limited to the value of the shares, [4] and the shareholders cannot be required to perform the company's obligations.
Pages in category "Holding companies" The following 11 pages are in this category, out of 11 total. This list may not reflect recent changes. ...
Costco recently reported its January results (for the period ended Feb. 2), with net sales up 9.2% year over year and total company comparable store sales increasing by 9.8% during the month ...