A money center bank is typically owned by:

Question

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Money center banks are large banks that dominate the financial markets in major financial centers around the world such as New York, London, and Tokyo. They are typically owned by bank holding companies, which are financial institutions that own and control a number of banks. Private equity companies, foreign banks, hedge funds, and mutual funds may own shares in banks, but they do not typically own money center banks outright.

A Money Center Bank Is Typically Owned By