Future of the Big Regional Banks (full transcript)

American Banker invited three banking industry experts — Matthew Friend, a senior executive at Accenture Payment Services; Gerard S. Cassidy, the managing director of equity research at RBC Capital Markets; and Claude A. Hanley Jr., a partner at Capital Performance Group — to analyze the regulatory, economic and business threats that face regional banks and to predict their fate. Here is a full transcript of their discussion, held March 8, 2012, at American Banker's offices in New York.