Reported about 7 hours ago
Big banks are hesitating on acquisitions due to market volatility and regulatory complexities, even as the Trump administration indicates a push for deregulation. Treasury Secretary Scott Bessent linked the slowdown in bank mergers to minor issues, while regional bankers express doubts over large mergers due to ongoing scrutiny. With the Federal Deposit Insurance Corp. relaxing Biden-era guidelines, the landscape remains uncertain as many banks still face regulatory challenges, making substantial consolidations unlikely in the near term.
Source: YAHOO