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CaixaBank, Bankia Merger Could Create Spain’s Largest Financial Institution

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18) that they are merging in a deal that, if approved by regulators and shareholders, will create the country's largest financial institution. The deal comes as Europe’s financial sector braces for lean times. The banks stated that the merger is scheduled to close in the first quarter of 2021.

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Fed Chairman Concerned Over Shrinking Bank Market

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banking industry is in flux, largely thanks to federal policy that has made it easier (and faster) for institutions to merge. As concerns are raised about how industry consolidation might impact competition, Federal Reserve Chairman Jerome Powell is warning that it could hinder small businesses’ access to capital and financial services.

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Transcript: Rick Rieder

Barry Ritholtz

In fact, I was going to be a strategist, financial analyst to work for a bank and write research reports. RITHOLTZ: Was this a distressed acquisition or — RIEDER: It was. And they took two of us, and I’m not sure how I made it through the strainer. He helps to oversee $2.5 trillion in various investments.

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Transcript: Peter Atwater

Barry Ritholtz

Peter has had a fascinating career in finance, JP Morgan Bank, one, a few other large places where he got to see how people’s sentiment and confidence levels affected their decision making. I, I thought this discussion was absolutely fascinating, and I think you will also, with no further ado, my discussion with Financial Insights.