Comptroller of the Currency John D. Hawke Jr. on Monday asked state banks to oppose the limits that financial reform legislation would place on national banks.

"Any apparent advantage for state banks may be short-lived," he warned in a speech to members of Women in Housing and Finance. "Once the precedent is established of accepting anticompetitive provisions ... everyone is fair game."

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.