Mergers resulting from the financial crisis of 2007-2009 have left what percentage of deposits in the hands of 4 banks?

Question

Quizplus · Accepted Answer

The financial crisis of 2007-2009 led to a significant consolidation in the banking industry, resulting in approximately 40% of deposits being controlled by the top 4 banks. This consolidation was a direct result of mergers and acquisitions aimed at stabilizing the financial system during the crisis.

Mergers Resulting from the Financial Crisis of 2007-2009 Have Left