Kiah Lau Haslett, managing editor for Bank Director
The New Big Bank Breeds The number of commercial banks with more than $50 billion in assets has increased 43%, to 33, over the last six years, according to a Bank Director analysis. The growth in the number of big banks shows how regional institutions took advantage of new M&A opportunities after financial reforms in 2018 eased regulatory demands for big banks. But consolidation among regionals has also caught the eye of regulators who are concerned about financial stability risks. The $50 billion asset threshold came into significance after the 2010 passage of the Dodd-Frank Act. The act deemed institutions...
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Kiah Lau Haslett is the Managing Editor of Bank Director. Kiah is responsible for editing web content and works with other members of the editorial team to produce articles featured online and published in the magazine. Her areas of focus include bank accounting policy, operations, strategy, and trends in mergers and acquisitions.