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Morgan, Goldman May Squeeze Regional Bank Profits
Submitted by Steve Persch on September 23, 2008 - 2:54pm.
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Regional lenders including Marshall & Ilsley Corp. and Zions Bancorporation face more competition for deposits and may have larger credit losses after Morgan Stanley and Goldman Sachs Group Inc.'s conversion to banks.
Regional lenders including Marshall & Ilsley Corp. and Zions Bancorporation face more competition for deposits and may have larger credit losses after Morgan Stanley and Goldman Sachs Group Inc.'s conversion to banks.
