Trillion Dollar Banks

Are megabanks--once unimaginable, now inevitable--better...for customers, the nation's economy, or even for the banks?

The $1,000,000,000,000 bank. Once, it was unimaginable. But in eight days in April, three eye-popping megamergers have brought the prospect of the first trillion-dollar bank within sight. Suddenly, it seems to be the all-but-certain climax of the cycle of ever-larger combinations that have already reshaped the industry.

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