A top federal banking official is questioning the perspective, often held by members of the public and regulators alike, that the nation’s 10 largest banks are simply “too-big-to-fail.”
A group of religiously affiliated shareholders that had pushed the bank to write the report says it does not include the voices of key stakeholders. The report's recommendations, written by an outside law firm, touch on workforce diversity, customer remediation and preventing retaliation against employees.
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