As interstate nears, Justice assesses bank merger picture. (United States Justice Department's Antitrust Division officials discusses interstate banking issues)

From: ABA Banking Journal | Date: June 1, 1994| Author: Cocheo, Steve | Copyright information

Deputy Assistant Attorney General Robert E. Litan predicted two trends would likely occur if interstate banking restrictions were moved. First, larger regional and national banks consolidating with banks from different geographic regions would probably not face potential anti-trust actions. Second, smaller local banks, merging to remain competitive with larger banks, would be susceptible to anti-trust enforcement.

Two contradictory trends in bank mergers are going to come head to h...

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