US banking regulators open to mergers but vow tougher rules

US banking regulators open to mergers but vow tougher rules

WASHINGTON (Reuters) -Top U.S. banking regulators plan to tell lawmakers the government will be open to future bank mergers, but are committed to establishing tougher rules after recent turmoil. In prepared testimony published by the House Financial Services Committee Monday, officials were resolute on the need for stricter bank rules…Read More

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