These three banks could lose $350 million if the Halliburton-Baker Hughes deal goes belly-up (HAL, BHI, GS, CS, BAC)

Three banks could take a big hit if the Baker Hughes-Halliburton merger is called off by regulators in Washington D.C.

A Bloomberg report on Wednesday said the Halliburton deal could be stopped by regulators in Washington, D.C.

Both companies shares plummeted in the wake of the news.

Regulators are worried the deal will make the oilfield services industry too concentrated, Bloomberg reported, citing unidentified sources. 

Baker Hughes stock fell by as much as 9%, stabilizing later at a...

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