Bank M&A in the US is back and it’s something to be concerned about. When Fifth Third announced it was buying Chicago-based MB Financial in May, it heralded what many had suspected would happen after the Federal Reserve lifted the threshold triggering deeper regulatory supervision from $25 billion to $100 billion in assets – bigger banks.
That may be welcome news for regional players that are now free to expand and compete with the largest banks, but it is bad news for smaller banks.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access