Why The U.S. Has 4,500 Banks And Canada Has 79

Transcript

America's banking industry is shrinking. Community banks are struggling. We had about 7000 community banks right after the crisis. Now we've got about 4000. That's a huge decline. We see that those local banks are really disappearing. It's really hard for them to compete with the very largest banks, who are essentially subsidized by the publ... Read More