Industrial countries, creditor countries, have to be more sure their banks are managing their risks appropriately, and are prepared to deal with situations when a lot of things go wrong at once.
And, of course, that trend continues. Second, despite all of the merger activity, a large number of medium to small banks remain in the United States. Moreover, by most measures of performance these small banks are more than a match for their larger brethren for many bank products and services.