Combinations like those of Wells Fargo and Wachovia, Lloyds TSB and HBOS, Commerzbank and Dresdner Bank have bloated the biggest institutions, not slimmed them.

• 诸如WellsFargo与Wachovia，LloydsTSB与HBOS，CommerzbankandDresdnerBank的合并让这些大型机构进一步膨胀而非瘦身。