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Group Banking
Source: Encyclopedia of Banking & Finance (9h Edition) by Charles J Woelfel
(We recommend this as work of authority.)

The form of multiple banking control that, although similar to branch and chain banking, differs in that a holding company controls the group of banks.  By contrast, chain banking involves the control of two or more banks by a person or persons through stock ownership and interlocking directors.  The function of the holding company is to supervise and to co-ordinate the banks in the group, but each bank has its own officers and board of directors on whom the responsibility for the affairs of the bank rests.

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