What is Foolsaurus?

It's a glossary of investing terms edited and maintained by our analysts, writers and YOU, our Foolish community. Get Started Now!


Bank holding company

In 2008, many institutions, including CIT Group and GMAC, received federal government permission to requalify themselves as bank holding companies, which allowed them access to additional stimulus money reserved for banks.

Expanded Definition

In granting the change of status, the Federal Reserve took note of "exigent" and "emergency" circumstances.

Related Fool Articles

Related Terms

Related Fool Discussion Boards

Recent Mentions on Fool.com

Failed to load RSS feed from http://www.fool.com/Feeds/Search.ashx?q=bank+holding+company&filter=p&site=USMF&sort=date%3aD%3aR%3ad1&count=5!
Advertisement