Doug McCullough’s Post

View profile for Doug McCullough, graphic

CJMH Law Partner | M&A, International, and Tax Law | Bridging businesses, markets, and governments, fostering collaboration and unlocking new opportunities through unparalleled network and strategic insights

"Targeting mergers and acquisitions (M&As) is an especially misguided approach to addressing concerns about banking-sector competition and stability. The long-term consequences of these proposals will ultimately affect consumers. M&As allow larger, well-capitalized banks to acquire weaker banks. This strengthens the system’s stability by merging weaker banks with stable ones. Especially in economic downturns, adding more uncertainty and time to this process will leave the entire financial system more vulnerable to individual bank failures." https://lnkd.in/eRXekDiD

Biden Administration’s Efforts to Curb Bank Mergers Fuel Uncertainty and Confusion

Biden Administration’s Efforts to Curb Bank Mergers Fuel Uncertainty and Confusion

https://www.nationalreview.com

To view or add a comment, sign in

Explore topics