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2021-07-19
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Big banks are getting even bigger, raising alarms in Washington<blockquote>大银行变得越来越大,引起了华盛顿的警觉</blockquote>
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And Huntington Bancshares (HBAN) merged with TCF.</p><p><blockquote>仅今年一年,PNC (PNC) 就收购了 BBVA USA Bancshares,这笔交易使 PNC 成为美国资产第五大银行。Huntington Bancshares (HBAN) 与 TCF 合并。</blockquote></p><p> Meanwhile, several other regional banking deals announced earlier this year are pending approval, including M&T Bank's (MTB) purchase of People's United (PBCT), the acquisition of Flagstar Bancorp (FBC) by New York Community Bancorp (NYCB) and a merger between Webster Financial (WBS) and Sterling Bancorp (SBT).</p><p><blockquote>与此同时,今年早些时候宣布的其他几项区域银行交易正在等待批准,包括 M&T Bank (MTB) 收购 People's United (PBCT)、New York Community Bancorp (NYCB) 收购 Flagstar Bancorp (FBC) 以及韦伯斯特金融公司 (WBS) 和 Sterling Bancorp (SBT) 之间的合并。</blockquote></p><p> Congress is partly responsible for bank merger bonanza</p><p><blockquote>国会对银行合并繁荣负有部分责任</blockquote></p><p> The frenetic pace of bank shotgun weddings is largely a result of changes in financial regulations over the past few years.</p><p><blockquote>银行猎枪婚礼的狂热步伐很大程度上是过去几年金融监管变化的结果。</blockquote></p><p> It's no coincidence that there have been a slew of bank mergers since lawmakers ruled in 2018 that banks had to have $250 billion in assets, and not \"just\" $50 billion, in order to be considered systemically important financial institutions (SIFIs) that are subject to more regulations.</p><p><blockquote>自立法者在2018年裁定银行必须拥有2500亿美元的资产,而不仅仅是500亿美元,才能被视为受更多监管的系统重要性金融机构(SIFI)以来,发生了一系列银行合并,这并非巧合。</blockquote></p><p> Only a dozen US banks currently are large enough to get a SIFI designation, including JPMorgan Chase (JPM), Bank of America (BAC), Wells Fargo (WFC), Citigroup (C), Truist (TFC), US Bancorp (USB) and PNC.</p><p><blockquote>目前只有十几家美国银行规模足以获得 SIFI 认证,包括摩根大通 (JPM)、美国银行 (BAC)、富国银行 (WFC)、花旗集团 (C)、Truist (TFC)、合众银行 (USB) 和 PNC。</blockquote></p><p> The SIFI change from $50 billion to $250 billion opened the door for many mid-size banks to scoop up rivals without fear that they would suddenly be required to go through more strict and onerous oversight.</p><p><blockquote>SIFI 从 500 亿美元到 2500 亿美元的变化为许多中型银行收购竞争对手打开了大门,而不必担心它们会突然被要求接受更严格和繁重的监管。</blockquote></p><p> Banks have took advantage of the change and began pairing up. The reasons for doing so are pretty obvious: Larger institutions can cut costs and improve efficiencies to boost profits.</p><p><blockquote>银行利用了这一变化,开始配对。这样做的原因非常明显:较大的机构可以削减成本和提高效率来增加利润。</blockquote></p><p> The pandemic jump-started more deals, too. The Federal Reserve's emergency rate cuts have made it more difficult for banks to make money on loans since interest rates are near zero — and likely to stay there for the foreseeable future.</p><p><blockquote>疫情也启动了更多交易。美联储的紧急降息使得银行更难通过贷款赚钱,因为利率接近于零,并且在可预见的未来可能会保持在零水平。</blockquote></p><p> That was evident from the latest quarterly results of top banks that were reported this week. Revenue for the second quarter fell at JPMorgan Chase, Bank of America, Citi and BNY Mellon (BK) when compared with a year ago.</p><p><blockquote>从本周公布的顶级银行最新季度业绩中可以明显看出这一点。与去年同期相比,摩根大通、美国银行、花旗和纽约梅隆银行(BK)第二季度收入有所下降。</blockquote></p><p> Changes from DC on the horizon?</p><p><blockquote>来自DC的变化即将到来?</blockquote></p><p> But it's not clear how much longer the bank M&A wave will last. It is worth noting that the most recent changes to bank laws in Washington were accomplished during the Trump administration and with a Republican-controlled Senate.</p><p><blockquote>但目前尚不清楚银行并购浪潮还会持续多久。值得注意的是,华盛顿最近对银行法的修改是在特朗普执政期间和共和党控制的参议院下完成的。</blockquote></p><p> President Biden recently signaled with a sweeping executive order that he intends to scrutinize mergers more closely than his predecessor.</p><p><blockquote>拜登总统最近发布了一项全面的行政命令,表明他打算比他的前任更仔细地审查合并。</blockquote></p><p> Warren, along with Democratic Congressman Jesus \"Chuy\" Garcia, also introduced a Bank Merger Review Modernization Act bill in December 2019 that could possibly be reintroduced now that the Democrats have a slim majority in the Senate due to a tie-breaking vote from Vice President Harris.</p><p><blockquote>沃伦和民主党众议员耶稣·“丘伊”·加西亚还在2019年12月提出了一项银行合并审查现代化法案,由于副总统哈里斯的投票,民主党在参议院拥有微弱多数,该法案可能会重新提出。</blockquote></p><p> The goal of the Warren-Garcia legislation is to \"end rubber stamping of bank merger applications.\"</p><p><blockquote>沃伦-加西亚立法的目标是“结束银行合并申请的橡皮图章”。</blockquote></p><p> That's likely to get a sympathetic ear from Brown, the Ohio senator who is chair of the Senate's Banking, Housing, and Urban Affairs Committee.</p><p><blockquote>这可能会得到俄亥俄州参议员、参议院银行、住房和城市事务委员会主席布朗的同情。</blockquote></p><p> Brown grilled Federal Reserve chairman Jerome Powell Thursday about bank mergers during Powell's appearance before the committee for his semiannual testimony about the economy.</p><p><blockquote>布朗周四就银行合并问题向美联储主席杰罗姆·鲍威尔进行了质询,当时鲍威尔出席了委员会关于经济的半年度证词。</blockquote></p><p> \"We can't let big banks merge into bigger and bigger megabanks, making it harder for small banks to compete and leaving rural and Black and brown communities behind,\" Brown said in his prepared remarks to Powell.</p><p><blockquote>布朗在准备好的给鲍威尔的讲话中表示:“我们不能让大银行合并成越来越大的大型银行,从而使小银行更难竞争,并将农村、黑人和棕色人种社区抛在身后。”</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Big banks are getting even bigger, raising alarms in Washington<blockquote>大银行变得越来越大,引起了华盛顿的警觉</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBig banks are getting even bigger, raising alarms in Washington<blockquote>大银行变得越来越大,引起了华盛顿的警觉</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CNN</strong><span class=\"h-time small\">2021-07-19 11:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p>New York (CNN Business)Banks have been on a shopping spree for the past year — and that's raising some alarm bells in Washington.</p><p><blockquote>纽约(CNN Business)过去一年,银行一直在疯狂购物,这在华盛顿敲响了一些警钟。</blockquote></p><p> Senators Elizabeth Warren and Sherrod Brown have been critical of the top banks for their dealmaking, citing concerns that the spate of mergers will hurt average consumers and make it tougher for smaller community banks to remain competitive.</p><p><blockquote>参议员伊丽莎白·沃伦 (Elizabeth Warren) 和谢罗德·布朗 (Sherrod Brown) 一直批评顶级银行的交易,理由是担心一系列合并将伤害普通消费者,并使小型社区银行更难保持竞争力。</blockquote></p><p> There were 52 banks with more than $50 billion in assets at the end of the first quarter of 2021, up from 39 banks at the end of 2017, according to data from S&P Global Market Intelligence.</p><p><blockquote>S&P Global Market Intelligence 的数据显示,截至 2021 年第一季度末,资产超过 500 亿美元的银行有 52 家,高于 2017 年底的 39 家。</blockquote></p><p> This year alone, PNC (PNC) bought BBVA USA Bancshares, a deal that allowed PNC to become the fifth-largest bank in the United States by assets. And Huntington Bancshares (HBAN) merged with TCF.</p><p><blockquote>仅今年一年,PNC (PNC) 就收购了 BBVA USA Bancshares,这笔交易使 PNC 成为美国资产第五大银行。Huntington Bancshares (HBAN) 与 TCF 合并。</blockquote></p><p> Meanwhile, several other regional banking deals announced earlier this year are pending approval, including M&T Bank's (MTB) purchase of People's United (PBCT), the acquisition of Flagstar Bancorp (FBC) by New York Community Bancorp (NYCB) and a merger between Webster Financial (WBS) and Sterling Bancorp (SBT).</p><p><blockquote>与此同时,今年早些时候宣布的其他几项区域银行交易正在等待批准,包括 M&T Bank (MTB) 收购 People's United (PBCT)、New York Community Bancorp (NYCB) 收购 Flagstar Bancorp (FBC) 以及韦伯斯特金融公司 (WBS) 和 Sterling Bancorp (SBT) 之间的合并。</blockquote></p><p> Congress is partly responsible for bank merger bonanza</p><p><blockquote>国会对银行合并繁荣负有部分责任</blockquote></p><p> The frenetic pace of bank shotgun weddings is largely a result of changes in financial regulations over the past few years.</p><p><blockquote>银行猎枪婚礼的狂热步伐很大程度上是过去几年金融监管变化的结果。</blockquote></p><p> It's no coincidence that there have been a slew of bank mergers since lawmakers ruled in 2018 that banks had to have $250 billion in assets, and not \"just\" $50 billion, in order to be considered systemically important financial institutions (SIFIs) that are subject to more regulations.</p><p><blockquote>自立法者在2018年裁定银行必须拥有2500亿美元的资产,而不仅仅是500亿美元,才能被视为受更多监管的系统重要性金融机构(SIFI)以来,发生了一系列银行合并,这并非巧合。</blockquote></p><p> Only a dozen US banks currently are large enough to get a SIFI designation, including JPMorgan Chase (JPM), Bank of America (BAC), Wells Fargo (WFC), Citigroup (C), Truist (TFC), US Bancorp (USB) and PNC.</p><p><blockquote>目前只有十几家美国银行规模足以获得 SIFI 认证,包括摩根大通 (JPM)、美国银行 (BAC)、富国银行 (WFC)、花旗集团 (C)、Truist (TFC)、合众银行 (USB) 和 PNC。</blockquote></p><p> The SIFI change from $50 billion to $250 billion opened the door for many mid-size banks to scoop up rivals without fear that they would suddenly be required to go through more strict and onerous oversight.</p><p><blockquote>SIFI 从 500 亿美元到 2500 亿美元的变化为许多中型银行收购竞争对手打开了大门,而不必担心它们会突然被要求接受更严格和繁重的监管。</blockquote></p><p> Banks have took advantage of the change and began pairing up. The reasons for doing so are pretty obvious: Larger institutions can cut costs and improve efficiencies to boost profits.</p><p><blockquote>银行利用了这一变化,开始配对。这样做的原因非常明显:较大的机构可以削减成本和提高效率来增加利润。</blockquote></p><p> The pandemic jump-started more deals, too. The Federal Reserve's emergency rate cuts have made it more difficult for banks to make money on loans since interest rates are near zero — and likely to stay there for the foreseeable future.</p><p><blockquote>疫情也启动了更多交易。美联储的紧急降息使得银行更难通过贷款赚钱,因为利率接近于零,并且在可预见的未来可能会保持在零水平。</blockquote></p><p> That was evident from the latest quarterly results of top banks that were reported this week. Revenue for the second quarter fell at JPMorgan Chase, Bank of America, Citi and BNY Mellon (BK) when compared with a year ago.</p><p><blockquote>从本周公布的顶级银行最新季度业绩中可以明显看出这一点。与去年同期相比,摩根大通、美国银行、花旗和纽约梅隆银行(BK)第二季度收入有所下降。</blockquote></p><p> Changes from DC on the horizon?</p><p><blockquote>来自DC的变化即将到来?</blockquote></p><p> But it's not clear how much longer the bank M&A wave will last. It is worth noting that the most recent changes to bank laws in Washington were accomplished during the Trump administration and with a Republican-controlled Senate.</p><p><blockquote>但目前尚不清楚银行并购浪潮还会持续多久。值得注意的是,华盛顿最近对银行法的修改是在特朗普执政期间和共和党控制的参议院下完成的。</blockquote></p><p> President Biden recently signaled with a sweeping executive order that he intends to scrutinize mergers more closely than his predecessor.</p><p><blockquote>拜登总统最近发布了一项全面的行政命令,表明他打算比他的前任更仔细地审查合并。</blockquote></p><p> Warren, along with Democratic Congressman Jesus \"Chuy\" Garcia, also introduced a Bank Merger Review Modernization Act bill in December 2019 that could possibly be reintroduced now that the Democrats have a slim majority in the Senate due to a tie-breaking vote from Vice President Harris.</p><p><blockquote>沃伦和民主党众议员耶稣·“丘伊”·加西亚还在2019年12月提出了一项银行合并审查现代化法案,由于副总统哈里斯的投票,民主党在参议院拥有微弱多数,该法案可能会重新提出。</blockquote></p><p> The goal of the Warren-Garcia legislation is to \"end rubber stamping of bank merger applications.\"</p><p><blockquote>沃伦-加西亚立法的目标是“结束银行合并申请的橡皮图章”。</blockquote></p><p> That's likely to get a sympathetic ear from Brown, the Ohio senator who is chair of the Senate's Banking, Housing, and Urban Affairs Committee.</p><p><blockquote>这可能会得到俄亥俄州参议员、参议院银行、住房和城市事务委员会主席布朗的同情。</blockquote></p><p> Brown grilled Federal Reserve chairman Jerome Powell Thursday about bank mergers during Powell's appearance before the committee for his semiannual testimony about the economy.</p><p><blockquote>布朗周四就银行合并问题向美联储主席杰罗姆·鲍威尔进行了质询,当时鲍威尔出席了委员会关于经济的半年度证词。</blockquote></p><p> \"We can't let big banks merge into bigger and bigger megabanks, making it harder for small banks to compete and leaving rural and Black and brown communities behind,\" Brown said in his prepared remarks to Powell.</p><p><blockquote>布朗在准备好的给鲍威尔的讲话中表示:“我们不能让大银行合并成越来越大的大型银行,从而使小银行更难竞争,并将农村、黑人和棕色人种社区抛在身后。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://edition.cnn.com/2021/07/16/investing/bank-mergers-stocks/index.html\">CNN</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PNC":"PNC金融","FBC":"弗拉格斯塔万通金控","PBCT":"人联金融","SBT":"Sterling Bancorp, Inc.","MTB":"美国制商银行","WBS":"韦伯斯特金融"},"source_url":"https://edition.cnn.com/2021/07/16/investing/bank-mergers-stocks/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101408121","content_text":"New York (CNN Business)Banks have been on a shopping spree for the past year — and that's raising some alarm bells in Washington.\nSenators Elizabeth Warren and Sherrod Brown have been critical of the top banks for their dealmaking, citing concerns that the spate of mergers will hurt average consumers and make it tougher for smaller community banks to remain competitive.\nThere were 52 banks with more than $50 billion in assets at the end of the first quarter of 2021, up from 39 banks at the end of 2017, according to data from S&P Global Market Intelligence.\nThis year alone, PNC (PNC) bought BBVA USA Bancshares, a deal that allowed PNC to become the fifth-largest bank in the United States by assets. And Huntington Bancshares (HBAN) merged with TCF.\nMeanwhile, several other regional banking deals announced earlier this year are pending approval, including M&T Bank's (MTB) purchase of People's United (PBCT), the acquisition of Flagstar Bancorp (FBC) by New York Community Bancorp (NYCB) and a merger between Webster Financial (WBS) and Sterling Bancorp (SBT).\nCongress is partly responsible for bank merger bonanza\nThe frenetic pace of bank shotgun weddings is largely a result of changes in financial regulations over the past few years.\nIt's no coincidence that there have been a slew of bank mergers since lawmakers ruled in 2018 that banks had to have $250 billion in assets, and not \"just\" $50 billion, in order to be considered systemically important financial institutions (SIFIs) that are subject to more regulations.\nOnly a dozen US banks currently are large enough to get a SIFI designation, including JPMorgan Chase (JPM), Bank of America (BAC), Wells Fargo (WFC), Citigroup (C), Truist (TFC), US Bancorp (USB) and PNC.\nThe SIFI change from $50 billion to $250 billion opened the door for many mid-size banks to scoop up rivals without fear that they would suddenly be required to go through more strict and onerous oversight.\nBanks have took advantage of the change and began pairing up. The reasons for doing so are pretty obvious: Larger institutions can cut costs and improve efficiencies to boost profits.\nThe pandemic jump-started more deals, too. The Federal Reserve's emergency rate cuts have made it more difficult for banks to make money on loans since interest rates are near zero — and likely to stay there for the foreseeable future.\nThat was evident from the latest quarterly results of top banks that were reported this week. Revenue for the second quarter fell at JPMorgan Chase, Bank of America, Citi and BNY Mellon (BK) when compared with a year ago.\nChanges from DC on the horizon?\nBut it's not clear how much longer the bank M&A wave will last. It is worth noting that the most recent changes to bank laws in Washington were accomplished during the Trump administration and with a Republican-controlled Senate.\nPresident Biden recently signaled with a sweeping executive order that he intends to scrutinize mergers more closely than his predecessor.\nWarren, along with Democratic Congressman Jesus \"Chuy\" Garcia, also introduced a Bank Merger Review Modernization Act bill in December 2019 that could possibly be reintroduced now that the Democrats have a slim majority in the Senate due to a tie-breaking vote from Vice President Harris.\nThe goal of the Warren-Garcia legislation is to \"end rubber stamping of bank merger applications.\"\nThat's likely to get a sympathetic ear from Brown, the Ohio senator who is chair of the Senate's Banking, Housing, and Urban Affairs Committee.\nBrown grilled Federal Reserve chairman Jerome Powell Thursday about bank mergers during Powell's appearance before the committee for his semiannual testimony about the economy.\n\"We can't let big banks merge into bigger and bigger megabanks, making it harder for small banks to compete and leaving rural and Black and brown communities behind,\" Brown said in his prepared remarks to Powell.","news_type":1,"symbols_score_info":{"PNC":0.9,"MTB":0.9,"WBS":0.9,"PBCT":0.9,"SBT":0.9,"FBC":0.9}},"isVote":1,"tweetType":1,"viewCount":871,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/173589009"}
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