Big banks see the need to shrink – but face a path full of obstacles

[ahlam1399]

Big banks see the need to shrink – but face a path full of obstacles
NEW YORK/LONDON (Reuters) - When the U.S. Federal Reserve's newest policymaker Neel Kashkari dropped a bombshell with a call to break up big banks on Tuesday, it was met with a predictably indignant response from their lobbyists. One described his comments as "blind." But while ** one in the executive suites of major global banks would want authorities to force them to split up or downsize, many top bankers ack**wledge that their institutions might be better off smaller and simpler. They jus


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