Regulation stalls bank's growth

  • By Business Observer Staff
  • | 4:17 p.m. October 4, 2011
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Monty Weigel wants to grow his bank. In fact, Northstar Bank, for which Weigel is CEO, has the capital to buy new branches and is in acquisition talks with other banks. The problem isn't money or the bank's portfolio, which just received four out of five stars from rating firm Echo Partners. The problem is regulation.

 

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