3 ms·
Not sure about the others, but by law no bank can have more than 10% of the national deposit asset, which makes it very difficult to be a monopoly. That's why
by ww520 6y ago
Not sure about the others, but by law no bank can have more than 10% of the national deposit asset, which makes it very difficult to be a monopoly. That's why the recent rumor of the merge of Wells Fargo and Goldman is just nonsense.