The Death of the Small Bank in the US?
Chris Mayer at The Daily Reckoning wrote a compelling article on February 28th about small banks:
The US government is going to kill the small banking industry in the US. The irony is hard to miss. It was not the small banks that threatened the financial system in the crisis of 2008. Yet they will bear the brunt of the regulatory costs imposed in its wake. The end result will be that US banking assets will collect into the hands of even larger banks.