Tighter regulations following the US regional banking crisis will spur a wave of consolidations in the banking sector, according to a PricewaterhouseCoopers analysis.
- For banks looking to grow and protect their franchise, deals may be the optimal way even as the mergers and acquisitions regulatory climate remains challenging, the firm said in a report Wednesday
- Large US banks may have to
boost their capital by an average 20% and a broader swath of lenders would face strict requirements for setting aside money under a draft plan from US regulators to bolster the financial system. But, those requirements are not set ...
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