Question

A bank holding company is _____.

a company that holds gold and silver
a company within the Treasury Department
a company that owns more than one bank
used by the Federal Reserve to store the required reserves of member banks

Answer 1

I think it is a company that owns more than one bank.

Answer 2

Answer: a company that owns more than one bank.

A bank holding company is a company that owns more than one bank.

Explanation:

A bank holding company refers to a company that controls the operations of its own banks. A bank holding company can also own another bank holding company, which also controls or own a bank. They have access to liquidity from regulators as a result of the loan made to the banks themselves.