Big US Regional Banks Could Face New Crisis Regulations
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Can a financial institution be too small for regulations but also too big to fail? We may be about to find out.
American financial authorities are considering extending a lean version of rules designed for banking giants in the wake of the Great Recession to major regional banks, according to The Wall Street Journal. The hope is that it will fireproof the financial system. The fear is it will be a burden that ends up costing everyday customers.
Source Fool.com
