Better Markets report criticizes megabanks for misdeeds

Scott Blake

04/15/2019

BANK OF AMERICA CEO Brian Moynihan was among the heads of the nation’s largest banks recently appearing before Congress to answer questions about their business practices. / PBN FILE PHOTO/RUPERT WHITELEY

PROVIDENCE – While CEOs of the nation’s biggest banks appeared before Congress last week in hopes of making a case that regulatory reforms since the 2008 financial crisis have made the financial system less risky and more resilient, Wall Street watchdog group Better Markets released a damning 39-page report on the megabanks, detailing a variety…

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