Pressure builds for big banks to begin breaking up

Pressure builds for big banks to begin breaking up By Danielle Randall-Saba, Staff Writer at The Deal.  Experts expect that new rules and restless shareholders will encourage executives to trim operations. In fact, some have already started. The big question is which mega-bank will be the first to contemplate a mega-split? “An explosion in regulation, and some major hiccups in equity market performance could push some of the most visible financial institutions to spin off their valuable commercial banking, investment banking and money management businesses,” said Ryan Mendy, COO at the Spinoff...