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Big banks shake up Washington lobbying shops

Reuters  |  WASHINGTON 

By Pete SchroederWASHINGTON (Reuters) - Two of Wall Street's largest Washington-based trade groups said on Tuesday that they were merging, as big banks rethink their lobbying strategies under the business-friendly administration of U.S. President Donald Trump.The Clearing House Association (TCH) and the Financial Services Roundtable (FSR), which both count the likes of Citigroup , Bank of America and JP Morgan Chase among their members, will combine to form a single group to push policy changes in the nation's capital, they said in a joint statement.Greg Baer, TCH's president, will serve as ...

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First Published: Wed, March 14 2018. 01:30 IST