Algebris CEO Says U.S. Banks May Buy European Firms Soon

The video discusses the strategic positioning of US banks compared to European banks, highlighting the significant market cap advantage of US banks. It explores the regulatory environment in Europe and its impact on banking operations. The potential for US banks to acquire European banks is considered, especially in light of Brexit, which necessitates US banks to establish onshore entities in Europe.

What is the significance of having an onshore European regulated entity for JP Morgan?

What factors could lead to US banks increasing their presence in Europe?