Tom Michaud, the president and CEO of Keefe, Bruyette & Woods, a top matchmaker for bank mergers, explains why large banks will soon return to dealmaking after a long absence. He also discusses the case for starting a new bank in today’s environment, the enduring value of retail branches, and more. See also:
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Foreclosure Fail: Study Pins Blame on Big Banks A study by government and academic researchers finds that approximately 800,000 homeowners missed out on mortgage modifications because of big banks.
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