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| In the News |
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Not All Banks Are Created Alike
by Robert G. Wilmers, M&T Bank Chairman and CEO
in The Wall Street Journal
"Any new regulation of the financial industry must distinguish between firms engaged primarily in speculative trading and lenders linked to the real economy of Main Street. The great danger is that regulation of the former might inadvertently strangle the latter."
"The issue would become acute should Congress pass measures that force all banks to bear the cost of protecting those institutions whose activities pose systemic risk. Among the unintended consequences of such an approach would be that consumers and small businesses, starving for credit, would indirectly bear the cost of such fixes."
Read more at The Wall Street Journal.
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