Fed's OK of Green Dot May Mean Opportunity | White & Case LLP International Law Firm, Global Law Practice
Fed's OK of Green Dot May Mean Opportunity

Fed's OK of Green Dot May Mean Opportunity

The Dodd-Frank Act might cause nonfinancial companies to buy banks.

Ernest T. Patrikis, a banking partner at White & Case LLP, says buying a bank could be especially attractive to nonbank financial businesses, but he isn't sure it would appeal to all. "I can't see Google or Amazon becoming a bank holding company."