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A comment on Ask HN: How can I start my own bank? (Let's redesign banks). Parent comment

Re:Ask HN: How can I start my own bank? (Let's redesign banks) by prosa on Wednesday January 13, 2010 @08:14AM (#1050045)
The critical issue here is the presence of a national vs. state charter. National charters alone add substantial acquisition value to a bank.

Keep in mind that anyone buying a bank right now is competing with an unprecedented amount of highly sophisticated Private Equity buyers with access to plenty of cash.

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Re:Ask HN: How can I start my own bank? (Let's redesign banks) by i2pi on Wednesday January 13, 2010 @04:50PM (#1051253)
Most PE guys I know of are having a hell of a time trying to acquire banks. While there has been some indication of a relaxing of the bank holding company act (that would otherwise prevent PE, or any non-banking firm from acquiring a bank), the issues that I mention in my other comment seem to be blocking any acquisitions.
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