Which of the following is an advantage of forming a bank holding company?
A. It allows ownership of several banks where branching is prohibited.
B. It allows owners to engage in the provision of investment advice.
C. Holding companies can service loans in other states.
D. All of the above.
Answer:D
Which of the following is an advantage of forming a bank holding company?
A. It allows ownership of several banks where branching is prohibited. B. It allows owners to engage in the provision of investment advice. C. Holding companies can service loans in other states. D. All of the above.