TUESDAY BancorpSouth Inc. is dissolving its bank holding company, merging its operations with its banking subsidiary, BancorpSouth Bank.
BancorpSouth will remain a publicly traded company, continuing to be listed on the New York Stock Exchange under its current symbol, BXS.
Most banks have bank holding companies, or BHCs, which allow them to enter into non-banking activities determined by the Federal Reserve Board to be closely related to banking, such as mortgage banking, consumer and commercial finance and loan servicing, leasing, collection agency, asset management, trust company, real estate appraisal…
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