The coming bank consolidation. but not why you might think.
Jeff For Banks
MAY 21, 2011
'If I had a nickel for every time an investment banker predicted the mass consolidation of our industry I could buy a free round to all attendees at next month''s Financial Managers'' Society Forum. Financial Institutions need greater scale to offset the rising regulatory burden imposed by Dodd-Frank and soon to be imposed by the Consumer Finance Protection Bureau (CFPB) is the most often cited reason.
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