Smaller, regional banks find an advantage in their size

10/18/2010 | Wall Street Journal, The

Major banks, such as Citigroup, Bank of America and JPMorgan Chase, are dealing with issues related to a slowdown in trading and investment banking. Smaller regional banks, such as Webster Financial, aren't beholden to such issues. They also are avoiding a major decrease in credit card fees. Instead, smaller banks are focusing on the basics, then capitalizing when opportunities arise, such as taking over deposits of collapsed rivals.

View Full Article in:

Wall Street Journal, The

Published in Brief: