BBC News report that US Congress passes banking reform, allowing insurance companies, banks and stockbrokers to own each other - and possibly triggering a new merger wave. (11-5-99)

News article critical of bank reform and deregulation alleding it encouages financial monopolies,loss of privacy and other harmful effects. From World Socialist Web Site. (11-1-99).

Article in Business Week Online (10-29-99) contending bank mergers will not bring higher consumer fees because of other competition.

News, background and links about U.S. banking reform allowing greater consolidation of financial institutions.