Financial Services Mergers Part 2
Bank executives continued their testimony about proposed mergers. In a panel of consumer advocates, Mr. Nader cautioned that “consumers woul… read more
Bank executives continued their testimony about proposed mergers. In a panel of consumer advocates, Mr. Nader cautioned that “consumers would make up the gap” if a huge bank failed. Other panelists expressed concerns about the legality of some mergers and protecting consumers from abusive practices. They stated that some bank regulatory reforms are needed. close
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