Mayo Says This Is a 'New Era for Bank Consolidation'
Wells Fargo says a new era of bank consolidation is here. Analyst Mike Mayo sees pent-up demand, a push for scale, and a generational shift in regulation driving more deals—and...
By Bloomberg Markets · Bloomberg Markets
Wells Fargo says a new era of bank consolidation is here. Analyst Mike Mayo sees pent-up demand, a push for scale, and a generational shift in regulation driving more deals—and faster approvals. He speaks on "Bloomberg Open Interest." (Source: Bloomberg)