Category: banking

banking, Regulations, US

A New Wave of Bank Mergers Is Just Getting Started

Colin Henderson

Rebecca Ungarino President Donald Trump’s looser financial regulation has helped send bank mergers to a four-year high—and more are on their way. Risks and opportunities abound. Look no further than Comerica, the 34th-largest U.S. lender. It began life as the Detroit Savings Fund Institute, an early provider of savings accounts for customers who enjoyed a perk that was novel in the 1840s: earning interest on deposits. Over time, the firm combined with competitors, rebranded, and moved its headquarters to Dallas. These days, ComericaCMA+1.44%—the product of decades of mergers and centuries of reinvention—finds itself at a critical juncture in what could be the … Continue reading A New Wave of Bank Mergers Is Just Getting Started

banking, Economics, Geopolitics, Innovation, Risk, Social Theory

US Tariffs Set to Make world economic and military History

Colin Henderson

It is worth capturing this moment. It has the potential to be elevated to a moment in world economic history in the same vein as Bretton Woods, World Trade Organization, United Nations, and many other bedrock areas that preceded and followed WWII. The broad perspective was to encourage World stability in economic terms and those tools were designed to create a global platform of stability that would make WWxx things of the past. Here we are 80 years later and the flaws in those tools with their commensurate inability to adapt have created a global world of bad actors yet … Continue reading US Tariffs Set to Make world economic and military History