Global Megabanks: Too Big To Handle

WASHINGTON, DC â?? In the discussion of whether Americaâ??s largest financial institutions have become too big, a sea change in opinion is underway. Two years ago, during the debate about the Dodd-Frank financial-reform legislation, few people thought that global megabanks represented a pressing problem. Some prominent senators even suggested that very large European banks represented something of a role model for the United States.