Fed’s Bowman casts positive light on bank mergers sometimes seen as a blow to local lending
Consolidation among the U.S.’s
smaller banks in recent years has raised concerns about the rise
of financial “deserts” in rural communities, and of megabanks
gobbling up neighborhood institutions.
smaller banks in recent years has raised concerns about the rise
of financial “deserts” in rural communities, and of megabanks
gobbling up neighborhood institutions.
Posted by Reuters
