Bank holding companies that have begun to rival the money center banks in size but whose headquarters are not based in one of the money center cities are called superregional banks.

Question

Quizplus · Accepted Answer

This statement is true. Superregional banks have grown to rival the money center banks in size, but they are typically headquartered in regional cities rather than the traditional money center cities like New York, Chicago, and San Francisco.

Bank Holding Companies That Have Begun to Rival the Money