Better Markets report criticizes megabanks for misdeeds

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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