The Wall Street Journal's Argument for Smaller Banks

The surge of profits that some of the nation's largest banks might make people forget there was a banking crisis. But just off stage, reminders are looking that they might want to grab the spotlight as regional banks begin to report this week. JP Morgan Tastes of Wells Fargo on Friday, reported year over year net income growth. Shares of trust bank, State Street fell 12%. It's like, this is your small bank,. The FDIC has unique identifiers for banks and most of them are five digits. That's a bunch of nonsense.