Pathak: Only two or three new US banks chartered since 2008
Sanket Pathak · Founding Stories: Synapse · Jul 12, 2019 · at 16:00
Sanket Pathak, CEO and founder of banking infrastructure provider Synapse, explains the strict regulatory environment and extreme difficulty of getting a new bank charter in the US after the 2008 crisis.
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“No, because after, after the last financial recession, there has been I think about only two or three new banks that have actually been de novoed.”
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