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Fri 10 Oct 2008Strong getting stronger as weak players fall
ANALYSIS:Amid the turmoil, larger banks are consolidating their market share, writes Arthur Beesleyon Wall Street
CAST-IRON grating covers the windows of the Federal Reserve Bank of New York, a fortress-like structure just around the corner from Wall Street. The New York Fed is regulator of numerous institutions here and its imposing headquarters typically stands amid the noisy grind of commerce as a beacon of stability and security. But there hasn't been much of that lately.
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