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A comment on Why America will soon see a wave of bank mergers. Parent comment

Re:Why America will soon see a wave of bank mergers by vkou on Tuesday May 02, 2023 @12:02PM (#35789669)
... Except that the too-big-to-fail banks are under more stricter capitalization rules than the banks that are failing right now, which is why the small-medium capitalization banks are going through a bloodbath.
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Re:Why America will soon see a wave of bank mergers by WeylandYutani on Tuesday May 02, 2023 @12:13PM (#35789848)
I listened to an interview with an expert who explained that the US specifically lobbied that small banks are exempt from Basel 3 regulations.

Europe doesn't have 5000 banks they all merged decades ago.

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Re:Why America will soon see a wave of bank mergers by RandomLensman on Tuesday May 02, 2023 @03:37PM (#35792995)
EU has about 5000 banks as well, I think
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