Wells Fargo and Citigroup Face Strategic Crossroads in Eased M&A Landscape
Regulatory easing under the Trump administration has opened the door for Wells Fargo and Citigroup to acquire large regional banks, a move previously blocked by deposit caps. While JPMorgan and Bank of America remain barred, these two megabanks have room to grow. Analysts suggest five regional targets, though merger activity has slowed as strong profits make sellers hesitant.