What is the banking known as when a group of persons come together to own and control three or more independently chartered banks?

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Question:What is the banking known as when a group of persons come together to own and control three or more independently chartered banks?

1.Chain banking

2. Unit banking

3.Merchant banking

4.None of the above

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  1. What is the banking known as when a group of persons come together to own and control three or more independently chartered banks?
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