And anyone entering their business would have to as well. The large banks are ha... | Hacker News

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		sseveran on July 14, 2016 \| parent \| context \| favorite \| on: Citigroup fined $7m after legit transactions mista... And anyone entering their business would have to as well. The large banks are happy to have these regulations in some ways as it makes it hard for midsized banks to grow and compete with them.

eru on July 15, 2016 [–]

Yes. Or for scrappy upstarts to compete from their garage.

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