banc

In the English language, banq and banc are coined words pronounced identically to the word "bank". Both terms have been adopted by financial services companies and others to satisfy legal restrictions on the usage of the word bank. The compound bancorp is often used in the names of bank holding companies. For example, a hypothetical chartered bank named Bank of Manhattan might form a holding company named "Manhattan Bancorp", and a sister insurance business named "Banc of Manhattan Insurance". One well-known past example was Bank of America's investment banking entity, named Banc of America Securities.

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