Investopedia

Continue to Site »

Financial Holding Company (FHC)

Filed Under » ,
Dictionary Says

Definition of 'Financial Holding Company (FHC)'

A financial institution engaged in nonbanking activities that offers customers a wide range of financial services, including the opporunity to purchase insurance products and invest in securities. Financial Holding Companies (FHCs) were created by changes in legislation brought about by the Gramm-Leach-Bliley Act of 1999 that first allowed bank holding companies to affiliate with securities firms and insurance companies.
Investopedia Says

Investopedia explains 'Financial Holding Company (FHC)'

The Federal Reserve Board is responsible for supervising FHCs. Any non-bank company that earns 85% of its gross income from financial services may elect to become an FHC but must divest itself of all nonfinancial businesses within 10 years.

Articles Of Interest

  1.

    Be A One-Stop Shop For Your Clients

    Offering comprehensive financial services can bring in business, but coordination is the key to success.

  2. How The Federal Reserve Was Formed

    Find out how this institution has stabilized the U.S. economy during economic downturn.

  3. The Treasury And The Federal Reserve

    Find out how these two agencies create policies to stimulate the economy in tough economic times.

  4. The Globalization Of Financial Services

    The key to survival for many financial institutions will be to efficiently serve a global customer base.

  5. Breaking Down The Fed Model

    Learn what pundits mean when they say that stocks are undervalued according to the Fed model.

  6. Analyzing A Bank's Financial Statements

    A careful review of a bank's financial statements can help you identify key factors in a potential investment.

  7. Debit Card Fraud: Is Your Money At Risk?

    As criminals are becoming more savvy, your money is becoming more vulnerable.

  8. Understanding Interest Rates, Inflation And The Bond Market

    Get to know the relationships that determine a bond's price and its payout.

  9. How Inflation Policy Affects You

    The Fed estimates a long-term goal of 2% inflation for the near future. Learn how that'll impact you.

  10. A Look At Fiscal And Monetary Policy

    There's a debate over which policy is better for the economy. Find out which side of the fence you're on.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Happiness Economics

    The formal academic study of the relationship between individual satisfaction and economic issues, such as employment and wealth.

  2. Affluenza

    A social condition arising from the desire to be more wealthy, successful or to "keep up with the Joneses." Affluenza is symptomatic of a culture that holds up financial success as one of the highest achievements.

  3. Icarus Factor

    The term Icarus factor describes a situation where managers or executives initiate an overly ambitious project which then fails. Fueled by excitement for the project, the executives are unable to reign in their misguided enthusiasm before it is too late to avoid the failure.

  4. Angelina Jolie Stock Index

    An index made up of a selection of stocks from companies associated with actress Angela Jolie.

  5. Consequential Loss

    The amount of loss incurred as a result of being unable to use business property or equipment.

  6. Lease To Own

    An arrangement where an individual enters into a lease agreement with an owner with the inclusion of a clause that typically gives the individual the right, but not the obligation, to purchase the item leased at a predefined price and time.
Trading Center