The industry has been under pressure since the collapse of several regional lenders The major turmoil that rocked the US financial sector in March following the collapse of several midsize banks is far from over, experts have told CNBC. The outlet talked to a dozen executives, advisers, and investment bankers who predicted that rising interest rates, losses on commercial real estate, and heightened regulatory scrutiny will add to the pressure on regional and midsize banks, leading to a wave of mergers. Many of the country’s 4,672 lenders will be taken over by stronger banks over the next few years, either through
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