Wednesday, March 4, 2009

Bank Consolidation you guessed it we saw it before in Aussie

The above diagram shows the consolidation down from the big banks on the left to a much smaller number on the right.
As you have heard me say it before Australia had a lot more banks than it has now and guess what the US is going the same way. Aivars

1 comment:

  1. If market cap means "too big to fail" I hope Well's is in the clear....