NAICS 551111—Offices of Bank Holding Companies

Where 551111 sits

1. 55 Management of Companies and Enterprises
2. 551 Management of Companies and Enterprises
3. 5511 Management of Companies and Enterprises
4. 55111 Management of Companies and Enterprises
5. 551111 Offices of Bank Holding Companies

Description

This U.S. Industry comprises legal entities known as bank holding companies primarily engaged in holding the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing the management decisions of these firms. The holding companies in this industry do not administer, oversee, and manage other establishments of the company or enterprise whose securities they hold.

Cross-references for 551111

• Holding the securities of (or other equity interests in) a company or enterprise and administering, overseeing, and managing establishments of the company or enterprise whose securities they hold--are classified in U.S. Industry 551114, Corporate, Subsidiary, and Regional Managing Offices; and
• Holding the securities of depository banks and operating these entities--are classified in Industry Group 5221, Depository Credit Intermediation.

551111 in other systems