The retail banking industry is undergoing another major shift, and the future looks high-tech, sophisticated, and, for big banks, very urban. So what has changed? Photo: Shaumbé Wright/The Wall Street JournalWASHINGTON—Bank mergers are getting speedier under President Trump, with federal regulators changing policies that had deterred deals after the financial crisis. That stance could potentially help fuel more consolidation, though it has also raised concerns that regulators aren’t scrutinizing mergers closely enough. Last week, BB&T Corp....
Source: Wall Street Journal February 13, 2019 12:00 UTC