Regulators Raise the Bar for Bank Mergers

Also, Basel redo in jeopardy at FDIC; Jamie Dimon on the powerful bank lobby

Competition policy has been one of the biggest bones of contention between the business world and the Biden administration, with executives from Wall Street to Silicon Valley blasting what they see as a decidedly progressive shift – one with a clear anti-merger stance. Today, the FDIC, OCC and DOJ completed a rewrite of bank merger guidance that fits ri…