fintechFebruary 14, 2019
What Does the Future Mix of Banks Look Like in the US?
Back in the late 1990s and early 2000s there was discussion about consolidation of banks creating a barbell effect, a handful of extremely large banks on one side and then thousands of smaller banks on the other side with few middle tier banks; between 2008 and 2012 community banks have been disappearing and there has been an increase of midsize and regional banks; however the recent BB&T-Suntrust deal has industry experts thinking about whether we’ll return to this barbell effect which American Banker explores in this piece. Source