financial holding company

financial holding company — USA Financial holding companies are entities created by the Financial Services Modernization Act of 1999 (Also known as the Gramm Leach Bliley Act (the Act)) that may engage in a broader range of financial activities than previously allowed. Such …   Law dictionary

Financial Holding Company (FHC) — A financial institution engaged in nonbanking activities that offers customers a wide range of financial services, including the opporunity to purchase insurance products and invest in securities. Financial Holding Companies (FHCs) were created… …   Investment dictionary

Chinatrust Financial Holding Company — Ltd. is a holding company principally engaged in the finance industry through its eight major subsidiaries:[1] Chinatrust Commercial Bank (CTCB) at its core, Chinatrust Securities Co. Chinatrust Insurance Brokers Co. Chinatrust Venture Capital Co …   Wikipedia

Eastern Caribbean Financial Holding Company — is a Saint Lucian financial services holding company listed on the Eastern Caribbean Securities Exchange.ubsidiaries*Bank of Saint Lucia *EC Global Insurance …   Wikipedia

holding company — see company Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. holding company …   Law dictionary

holding company — A corporation that owns enough voting stock in another firm to control management and operations by influencing or electing its Board of Directors. Bloomberg Financial Dictionary A company which controls one or more subsidiary companies in which… …   Financial and business terms

Holding company — A corporation that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors. The New York Times Financial Glossary * * * holding company holding company ➔ company * * *    A… …   Financial and business terms

Holding Company Depository Receipt - HOLDR — A financial product created by Merrill Lynch and traded daily on the American Stock Exchange that allows investors to buy and sell a basket of stocks in a particular sector, industry or other classification in a single transaction. There is a… …   Investment dictionary

W Holding Company — Infobox Company company name = W Holding Company company company type = Public (NYSE: [http://www.nyse.com/about/listed/lcddata.html?ticker=WHI WHI] ) foundation = Mayagüez, Puerto Rico, (March 1, 1958) location=Mayagüez, Puerto Rico key people …   Wikipedia

Nalco Holding Company — Type Public Industry Chemicals and water treatment Founded 1928 Headquarters Naperville, Illinois …   Wikipedia

Multibank Holding Company — A company that owns and/or controls two or more banks. Bank holding companies are governed by the Bank Holding Company Act of 1956 and its amendments. Because of their corporate status, they are subject to more regulations than banks, but also… …   Investment dictionary