Atlas Merchant ‘Very Bullish’ on Regional Banks, Says CEO Diamond

Bob Diamond, founding partner and CEO at Atlas Merchant Capital, calls regional banks a “really, really strong sector of the banks,” but sees consolidation over the next two to three years bringing the total number of firms to “closer to 1,000 or 1,500.” Diamond also discusses credit concerns among the banks and explains the factors he sees that have created “a great environment for banks.” (Source: Bloomberg)