Too big to fail? Some banks are too small to survive
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Washington
IF SOME American banks are too big to fail, others have begun to feel they're too small to succeed.
Just ask Joey Root, the president of First Liberty Bank in Oklahoma City with US$310 million in assets. Mr Root says small banks like his are being squeezed hard these days, even as the likes of JPMorgan Chase & Co prosper. Small borrowers are losing out to big ones, too.
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