Banking regulators have been pushed by market volatility in recent weeks into doing things that they haven't really wanted to do, like letting the largest U.S. bank get even bigger. Their hand may be forced again.
That had regulators wary of more consolidation. The weekend in March when theafter a run on the lender triggered a broader deposit flight to safety, some of the largest U.S. banks initially got the impression that their bids would not be welcome, according to two sources familiar with the matter.
So regulators, bankers and other experts are floating ideas for additional steps Washington could take to stamp out the crisis. These ideas range from accelerating the pace of approvals of bank deals to increasing the deposit guarantees and scrutiny of investors who bet stocks will fall.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why Babies Are So Cute — And Why We React the Way We Do🔄FROM THE ARCHIVE: Cute kittens, lambs and more stir emotions rooted in our evolutionary history.
Read more »
Gold Price Forecast: XAU/USD bears cheer United States debt ceiling deadlock, banking woesGold price remains depressed around $2,010 as it seeks fresh clues to extend the three-week downtrend, especially after posting the first weekly loss
Read more »
Deal on debt ceiling seen boosting West Texas IntermediateOnce the impasse ends, and banking concerns fade from the collective memory, crude oil...
Read more »
Wall Street Week Ahead: Amid banking woes, faltering US small-caps offer ominous economic sign By Reuters*WALL ST. WEEK AHEAD: U.S. RETAILER EARNINGS TAKE CENTER STAGE AMID DEBT CEILING DRAMA, REGIONAL BANKING WOES $DIA $SPY $QQQ $IWM 🇺🇸 🇺🇸
Read more »
Stock market today: Dow in second weekly loss as consumer sentiment nosedives By Investing.com*DOW, S&P 500 CLOSE LOWER ON FRIDAY AS U.S. STOCKS SUFFER 2ND STRAIGHT WEEKLY LOSS $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
Read more »
Stock Market News Today: US stocks fall as traders assess debt ceiling outlookUS stocks fall to end the week with a loss as traders assess debt ceiling outlook
Read more »