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Fed up with new regulations and weak loan demand, a growing number of small community banks are...
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Monday, June 18, 2012, 3:24 AM ETFed up with new regulations and weak loan demand, a growing number of small community banks are looking to sell themselves to larger rivals. More than 90 bank mergers have already been announced this year.
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This news story has 4 comments:
Genius...
that was intentional, right?
Oh, and, to be more on-topic, more signs that regulations reduce competition and don't actually prevent too big to fail, in case any more were needed.
It wouldn't be unlike banks to pull a few strings here and there to have a few rules added in their favour.