KBW CEO Joins Call for Big Bank Breakup
There has been a steady drumbeat of calls for breaking up the largest banks ever since the 2008 financial crisis. However, the topic picked up steam recently when ex-Citigroup chief Sandy Weill, who may have done more than any living person to popularize the big bank model, said he no longer thinks it makes sense.
-- Written by Dan Freed in New York.
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