Study: Biggest U.S. Banks All Have One Thing in Common; They’re Ancient

Study: Biggest U.S. Banks All Have One Thing in Common; They’re Ancient

By Pam Martens and Russ Martens: June 23, 2015 Yesterday, Rajlakshmi De and Hamid Mehran, two researchers at the Federal Reserve Bank of New York, posted an interesting treatise on what it takes to climb into the ranks of the largest banks in the U.S. The duo inform us that as of 2007, prior to the financial crisis, just 0.4 percent of all U.S. banks held $50 billion or more in assets. The six largest … Continue reading →

Study: Biggest U.S. Banks All Have One Thing in Common; They’re Ancient is a story from: BitcoinWarrior.net

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