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U.S. banks set for M&A wave as Trump cuts red tape

February 23, 2018, Reuters

Michael Reed is quoted in a Reuters article regarding the easing of financial rules that are expected to unleash pent-up mergers and acquisitions among mid-sized U.S. banks. According to Reed, “If there is relief on one or both of the Bank Secrecy Act/anti-money laundering or the Community Reinvestment Act ... that would be helpful for M&A by easing the potential for a long regulatory review process."

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