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WASHINGTON — Nearly five years after the Gramm-Leach-Bliley Act gave the green light to consolidation of the banking, insurance, and securities sectors, mergers remain elusive, in large part because of regulatory barriers, industry officials told lawmakers Tuesday. The law permits financial services companies to house different business lines under the corporate roof of a financial holding comp... (more...)

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OCC's Hawke Comes Under Fire On Capitol Hill
 
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