> It's very possible that if this is not done, the only banks left at the end of...

		walrus01 on March 13, 2023 \| parent \| context \| favorite \| on: Joint statement by the Department of the Treasury,... > It's very possible that if this is not done, the only banks left at the end of the week will be the "too big to fail" ones It'll look not very much unlike Canadian domestic banking which has the "big 5" of banks: TD, CIBC, RBC, BMO, Scotiabank. But instead, with Wells Fargo, Citibank, BOA, etc. And everything else is really quite tiny in comparison.

Less competition and less risk — the Canadian way.