Are Attempts to Force Banks to Diversify Increasing – Rather Than Decreasing – Risks?
Bank regulators consider concentration in a specific loan category to be a four-letter word. Here's an case study of a banker who ran afoul of regulators for specializing in commercial loans. Rather than diversify from something his bank was clearly good at, he turned in his charter, found private investors, and made a mint. Could this be a wave of the future? [11/7/16]


