Holding company: Difference between revisions

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{{Further|Bank holding company}}
After the [[financial crisis of 2007–08]], many U.S. investment banks converted to holding companies. According to the Federal Financial Institutions Examination Council's (FFIEC) website, [[JPMorgan Chase|JPMorgan Chase & Co.]], [[Bank of America|Bank of America Corp.]], [[Citigroup|Citigroup Inc.]], [[Wells Fargo|Wells Fargo & Co.]], and [[Goldman Sachs Groups, Inc.]] were the five largest bank holding companies in the finance sector, as of 31 December 2013, based on total assets.<ref>{{cite web|url=https://www.ffiec.gov/nicpubweb/nicweb/top50form.aspx|title=Holding Companies with Assets Greater Than $10 Billion |publisher= National Information Center |date=June 30, 2014 |accessdate=2014-11-28}}</ref>
{{Further|Media conglomerate}}
In US [[broadcasting]], many major [[media conglomeratesconglomerate]]s have purchased smaller broadcasters outright, but have not changed the [[broadcast license]]s to reflect this, resulting in stations that are (for example) still licensed to [[Jacor]] and [[Citicasters]], effectively making them such as subsidiary companies of their owner [[iHeartMedia]]. This is sometimes done on a per-[[media market|market]] basis. For example, in [[Atlanta]] both [[WNNX (FM)|WNNX]] and later [[WWWQ (FM)|WWWQ]] are licensed to "WNNX LiCo, Inc." (LiCo meaning "license company"), both owned by [[Susquehanna Radio]] (which was later sold to [[Cumulus Media]]). In determining [[maximum|cap]]s to prevent excessive [[concentration of media ownership]], all of these are [[:wikt:attribute|attributed]] to the parent company, as are [[local marketing agreement|leased station]]s, as a matter of [[broadcast regulation]].
===Personal holding company===
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