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For US banks, billions in regulatory manna

The unwind should help mid-tier banks, but the G-Sib impact is a complex balancing act

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2018 was a heady year for regulatory change in the US. Proposals came thick and fast, with some hawked as a helping hand to US banking’s mid-sized and small contenders.

As the year drew to a finish, it was evident that regional banks, especially the more muscled, would gain the most from the cross-thatch of proposals. The titans of finance, in contrast, appeared to have been snubbed at the

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