Dismantling of the merger may have more to do with an activist hedge fund's agitation than regulatory concerns. Expect the Fed to OK mid-sized bank deals in the coming months
President-elect Donald Trump has nominated ex-Goldman Sachs partner Steve Mnuchin as Treasury Secretary -- the latest in an emerging list of divisive administration picks.
To demonstrate the folly, let's look at 2 big winners over the past week.
The Republican sweep of Congress is a clearly positive result for deals between mid-sized banks, but a negative for the biggest financial institutions.