As a small business owner, what I've seen over the last decade as larger banks eat smaller banks (and now the prospect of mega-banks), is a chilling insensitivity to a major sector of the US economy, namely, the small business owner. So, the world economy aside, I might favor some of these mega-banks being broken up if it will benefit the little guy.
As one who never invested in banks because I felt I could never understand their machinations well enough, I value this kind of intelligent "big-picture" strategy Mr. Whalen. Thank you for this great article.
Bigger is Not Better in Banking [View article]
Bigger is Not Better in Banking [View article]