Ok, this isn’t normal especially coming from Bob Diamond. @ODELL @Marty Bent “With the support of the Treasury and the SEC in terms of approvals of these — and the OCC — we think that there’s going to be consolidation that takes that number of 4,500 to something closer to 1,000 or 1,500 literally over the next two to three years,” said Diamond, who ran Barclays Plc until 2012 before founding his investment firm.

Bloomberg.com

Bob Diamond Sees M&A Taking Out 3,000 US Banks in Trump Era

Bob Diamond sees the number of US lenders dwindling by 3,000 in the next two to three years as regulators embrace consolidation of the industry —...