US banks are pitted towards every single different as regulators transfer to beef up oversight after a sequence of screw ups undermined self assurance within the monetary gadget.
Particularly, regional banks, which can be much more likely to stand new guidelines, are seeking to persuade regulators to extend oversight of bigger ones — which could have to hide a bigger portion of the prices of bailouts. In the meantime, individuals of Congress going through public anger over rich depositors being made complete are much less amenable than ever to lobbying pitches for weaker law.
The loss of a unified message, entrenched variations and competing priorities imply that the monetary …
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