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The American banking landscape is on the cusp of a seismic shift. Expect more pain to come

From cnbc.com

The whirlwind weekend in late April that saw the country’s biggest bank take over its most troubled regional lender marked the end of one wave of problems — and the start of another. After emerging with the winning bid for First Republic, the $229 billion lender to rich coastal families, JPMorgan Chase CEO Jamie Dimon delivered the soothing words craved by investors after weeks of stomach-churning volatility: “This part of the crisis is over.” But even as the dust settles from a string of government seizures of failed midsized banks, the forces that sparked the regional banking crisis in March are still at play. ... (full story)

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  • Category: Fundamental Analysis