|
|
|
|
|
by 55555
708 days ago
|
|
You're right. For the argument for the other side, the top four largest banks—JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo—collectively hold approximately 43% of all deposits in the United States, and in some ways they are self regulating or have a revolving door with their regulators. But we certainly have a lot of banks and anyone can buy a small one and give the banking business a shot. |
|