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Bank holding companies came about largely due to a. restrictions on non-banking activities. b. branching regulations and restrictions. c. limited access...

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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 Solved by verified expert
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    See Answer
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