Regulatory burdens are easier for big banks to absorb since they can spread them across more assets. As one might expect, the statistics show that big banks are solidifying their hold. The five largest banks by assets now hold more than 40 percent of assets and deposits, which is much higher than the approximately 20 percent held in 2000. Author In petitioning Dodd-Frank, big bank haters are moving the needle in the wrong direction and showing all of us why government should not be controlling our financial markets.
Posted on: Thu, 20 Mar 2014 18:19:07 +0000