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In state, larger banks unscathed by bailouts

“I’m a little surprised that the smaller banks didn’t get more market share, but when you see some of the larger banks on the list, it didn’t surprise me as much,” said Phil Lane, an economist with Fairfield University. “A lot of the larger banks in Connecticut gobbled up former smaller institutions, which has given them a stranglehold on market share.”

Published in the Hartford Business Journal on 10/26/09

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