Has Warren Been Bought By Big Banks?

evince said:
http://bankingjournal.aba.com/2016/03/why-bank-consolidation-in-the-u-s-will-lift-off-in-2016/



While there has been a long-term secular trend towards consolidation in the banking sector—with 4,810 fewer banks now than in 1994—looking ahead, consolidation will be driven anew by the confluence of higher fixed regulatory costs, the low-growth and resulting low-interest-rate environment and rapidly changing technological and financial innovation. Taken together, these forces have contributed to structurally lower profitability for the industry as a whole versus pre-crisis levels. Moreover, some banks will struggle to consistently earn their cost of capital.
The U.S. is unique among large developed countries in terms of the sheer number of banks. By way of contrast, Canada gets by with just six major banks. Although in terms of assets, the U.S. banking industry is modestly concentrated, with approximately 50 percent of assets held by the 10 largest commercial banks, it remains highly fragmented with more than 5,410 commercial banks and 860 savings institutions as of late 2015. The fragmented nature of the industry reflects historical policy choices, such as the lack of interstate branching up to 1994.
In the aftermath of the financial crisis, aside from failed bank deals, meaningful M&A transactions were few and far between, as banks nursed their balance sheets and stock prices back to health. Now that this is mostly accomplished, many are positioned to pursue long-sought strategic opportunities. The urge to merge is often meant to address key product or footprint gaps. The promise of greater efficiencies from scale has not always met reality, as bank efficiency ratios for even some of the largest banks remain stubbornly high (around 65 percent for the largest banks).
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this
 
keep saying it all you want, click your heels together and theres no place like home too

Ted Kennedy and Barnie Frank had this tree hugger idea that everyone deserved a home no matter their income, even if it meant their mortgage was more than their monthly income,
used their political clout to shame congress into enacting it and away we go, damn near collapsed the system, millions thrown out of homes they couldn't afford to start with, Banks stuck with properties no one wanted.
AND

And the fact that you have the friggin nerve to blame anything else tells that you would do the same stupid move again if it was up to you.
That's why your party is out of power, across the board , you as voters and supporters just don't get it. You tried to prop up a lying crooked heathen to continue the downward spiral.

thank God America , real America woke up
 
Getin the ring said:
keep saying it all you want, click your heels together and theres no place like home too

Ted Kennedy and Barnie Frank had this tree hugger idea that everyone deserved a home no matter their income, even if it meant their mortgage was more than their monthly income,
used their political clout to shame congress into enacting it and away we go, damn near collapsed the system, millions thrown out of homes they couldn't afford to start with, Banks stuck with properties no one wanted.
AND

And the fact that you have the friggin nerve to blame anything else tells that you would do the same stupid move again if it was up to you.
That's why your party is out of power, across the board , you as voters and supporters just don't get it. You tried to prop up a lying crooked heathen to continue the downward spiral.

thank God America , real America woke up
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Shut the fuck up retard.
It was Dubya that wanted to make an"ownership society ".

Nice attempt at rewriting history, fuckballs, but like all your posts, you failed miserably.
 
Rune said:
Shut the fuck up retard.
It was Dubya that wanted to make an"ownership society ".

Nice attempt at rewriting history, fuckballs, but like all your posts, you failed miserably.
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how much bigger till your satisfied? Will 4 banks need to control 80% of the industry before you democrats are satisfied.
 
tsuke said:
how much bigger till your satisfied? Will 4 banks need to control 80% of the industry before you democrats are satisfied.
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Listen you fucking mental case, you are the lowest form of life.
Go fuck yourself with your ongoing lies you putrid piece of shit.

If what you were selling was any good you would never need to lie about it, pissant.
 
Rune said:
Listen you fucking mental case, you are the lowest form of life.
Go fuck yourself with your ongoing lies you putrid piece of shit.

If what you were selling was any good you would never need to lie about it, pissant.
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facts dont care about your feelings. Under Dodd-Frank the giant banks are gobbling up the smaller ones at unpresidented rates. Its a covfefe and only republicans are doing something to stop it. bigly
 
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