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Hoenig: Banking industry changes will drive up business costs

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The banking industry is in the midst of tremendous change due to a heavy load of new regulations, which eventually will affect access to credit, Tom Hoenig said in Kansas City on Tuesday. Hoenig, vice chairman of the Federal Deposit Insurance Corp., was the keynote speaker for the 12th Annual Integra Real Estate Conference. He had an optimistic view of the economy overall and told attendees to expect growth in the real estate market for the next few years. Hoenig's confidence stems from improving…

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