This is because central banks control short term interest rates by varying the liquidity available for commercial banks to meet their reserve requirements. (bis.org)
He points out that the proposal gives two banks control of 83 % of the region's marketplace, which he says fails the «market concentration test» used by federal regulators. (news.wbfo.org)
Currently, the big banks control approximately two - thirds of the mortgage business. (canadianbusiness.com)