Bank holding company

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.

^ O'Sullivan, Arthur; Sheffrin, Steven M. (2003). Economics: Principles in action. Upper Saddle River, NJ: Pearson Prentice Hall. ISBN 0-13-063085-3.^{[better source needed]}

[1] O'Sullivan, Arthur; Sheffrin, Steven M. (2003). Economics: Principles in action. Upper Saddle River, NJ: Pearson Prentice Hall. ISBN 0-13-063085-3.^{[better source needed]}

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