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Acting Comptroller of the Currency Michael Hsu is still concerned about the concentration of large firms atop the banking sector.
Barr said lowering the threshold for new capital requirements from $700 billion in assets would strengthen the banking system after recent bank failures.
Assistant Attorney General Jonathan Kanter’s overall way of dealing with antitrust enforcement has given Wall Street fits.
But it may become harder to reject more banking consolidation as the industry continues to reel from interest rate hikes and deposit runs.