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A Bank Holding Company Must Obtain the Approval of the Fed

Question 68

Multiple Choice

A bank holding company must obtain the approval of the Fed before acquiring more than _____ of the shares of an additional bank, bank holding company, or financial services firm.


A) 5 percent
B) 10 percent
C) 15 percent
D) 25 percent
E) 50 percent

Correct Answer:

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