Washington is squeezing small banks and chasing off the private equity investors who could help them, financier Wilbur Ross says.

"Bureaucrats fear private equity players as slippery, clever sharpies and are far more comfortable regulating commercial bankers," he said Monday at ASR's sister publication American Banker's M&A Symposium in New York. Federal banking regulators "clearly restrict private equity more than other owners of banks."

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