The loosening effect of financial regulation is emerging: The multiple impacts of the rapid increase in the market value of large US banks
According to the Financial Times, the combined market capitalization of the six major US banks - jpmorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley - has recently climbed to 2.37 trillion US dollars, an increase of 600 billion US dollars compared with 1.77 trillion US dollars at the end of last year.
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