0
They were used to develop banking networks that were otherwise prohibited by law and custom
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
How many American multibank holding companies were there in 1980?
There 284 American multibank holding companies in 1980
How many American multibank holding companies were there in 1992?
There 950 American multibank holding companies in 1992
What are MBHCs?
MBHCs are multibank holding companies
How many multibank holding companies were there in 1974?
In 1974 there were about 275 MBHCs
How many multibank holding companies were there in 1965?
By 1965 the number of companies participating in the industry remained at 53
What did the multibank holding companies own in 1996?
In 1996 the top five MBHCs had assets of $1 trillion
What did the major American multibank holding companies own in 1996?
In 1996, the top 10 companies had combined assets of $1.7 trillion
How many multibank holding companies were there in 1956?
In 1956 a total of 53 MBHCs represented 428 banks with 783 branches
Do multibank holding companies have economies of scale?
Another important advantage that MBHCs have over individual banks is economies of scale
What does mean holding companies?
A holding company means it is a company that owns other companies.
Where were the first US holding companies?
The first U.S. holding companies were in New Jersey
Does SIC 6719 cover bank holding companies?
industry classification excludes bank holding companies, but includes investment, personal, and public utility holding companies
