Professor Tanya Marsh co-authors paper, ‘The Impact of Dodd-Frank on Community Banks,’ with Joseph Norman (’12)
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St. Louis Business Journal
May 10, 2013
Many small banks will close or be forced to merge as a result of the regulatory costs and burdens of the Dodd-Frank Act, according to a new report.
“If community banks are forced to merge, consolidate, or go out of business as a result of Dodd-Frank, one result will be an even greater concentration of assets on the books of the ‘too-big-to-fail’ banks,” the American Enterprise Institute report stated. “Another result will be that small businesses and individuals who do not fit neatly into standardized financial modeling, or who live outside of metropolitan areas served by larger banks, will find it more difficult to obtain credit.”
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