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Michele Alt & Jonah Crane, Klaros Group - Advising the future of financial services

Wharton FinTech Podcast

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The Consolidation of the Banking Sector

I think there will be, consolidation is definitely one of the outcomes here. If a large regional bank has no obvious path forward, it will have to get bought either in whole or in pieces by other institutions. We've seen hundreds of billions of dollars from out of the banking system already. So I think that bears watching and I'm certain policymakers going to be paying attention to it.

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