Also due to some ODD ideas about banks by some of the founders you have not got the nationwide consolidation you did in the EU - the federal nature and relative

Also due to some ODD ideas about banks by some of the founders you have not got the nationwide consolidation you did in the EU - the federal nature and relatively weak central government doesn't help either. With a small number of banks and a stronger central government which can exert pressure you can see why the UK and EU are ahead.