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In the Market: Why US regional banks are doomed to a doom loop

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Banking regulators have been pushed by market volatility in recent weeks into doing things that they haven't really wanted to do, like letting the largest U.S. bank get even bigger. Their hand may be forced again.

That had regulators wary of more consolidation. The weekend in March when theafter a run on the lender triggered a broader deposit flight to safety, some of the largest U.S. banks initially got the impression that their bids would not be welcome, according to two sources familiar with the matter.

So regulators, bankers and other experts are floating ideas for additional steps Washington could take to stamp out the crisis. These ideas range from accelerating the pace of approvals of bank deals to increasing the deposit guarantees and scrutiny of investors who bet stocks will fall.

 

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