Capital One-Discover Approval Offers `Pale Green Light' for Bank Mergers
Also, CFTC's Pham wholeheartedly backs IG report; Fed and FDIC withdraw crypto guidance
Most took the blessing of the Capital One-Discover deal as a sign that the current crop of regulators isn’t going to stand in the way of bank mergers – even large ones. Inside the industry, however, there is still a fair amount of uncertainty about whether the Trump administration is truly keen on opening up the floodgates.
The policy outlook, notes one …