Banks Will Soon Learn A Lot More About Where Biden Administration Stands on Mergers

Also, Vanguard CEO delicately discusses ESG politics; more financial groups speak out against New York sovereign debt bill; Katie Porter joins Republicans in blasting Fed over SVB failure

The Biden administration’s review of bank merger policy has sparked intense speculation – and angst – in the industry. And while most finance executives think they know where it’s headed (not in a positive direction), few details have slipped out. That’s likely to change next month when DOJ antitrust chief Jonathan Kanter is expected to preview the new …