Pursuits
As Wall Street Thrives, America's Little Guy Chokes on Paperwork
- Small businesses are getting a shrinking share of lending pie
- From QE to compliance, post-crisis policy has favored bigness
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If some American banks are too big to fail, others have begun to feel they’re too small to succeed.
Just ask Joey Root, the president of First Liberty Bank in Oklahoma City with $310 million in assets. Root says small banks like his are being squeezed hard these days, even as the likes of JPMorgan Chase & Co. prosper. Small borrowers are losing out to big ones, too.