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The largest five banks in the United States account for more than 75% of all bank assets. The commercial banks have combined assets in excess
The largest five banks in the United States account for more than 75% of all bank assets. The commercial banks have combined assets in excess of $15 trillion. Many banks are owned by holding companies that own other financial services firms. The holding company must own at least 10% of the banks stock. Discuss the advantages of a holding company has for a bank. please write 250 words
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