Bank holding companies came about largely due to
a.
restrictions on non-banking activities.
b.
branching regulations and restrictions.
c.
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Economics
Bank holding companies came about largely due to
a.
restrictions on non-banking activities.
b.
branching regulations and restrictions.
c.
limited access to technology.
d.
consumer protection.
Answer & Explanation
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4.2 Ratings (860 Votes)
The banking landscape in the United States has always been heavily influenced by regulations Banks adapt to regulations and at times find ways to avoid those that they find undesirable until new legislation is eventually passed to fill the gaps The Bank Holding Company Act was signed into law on May 9 1956
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