Authors:

  • Ben Heineman

Excerpt

Too Big to Manage: JP Morgan and the Mega Banks. Ben Heineman, October 3, 2013, Opinion. "Every casual reader of business news knows that JP Morgan Chase & Co. is in a world of legal hurt. But, it is not alone. Many other major financial institutions — Bank of America, Citigroup, HSBC, Barclay’s, Wells Fargo, UBS, etc. — have their share of big dollar controversies with regulators and private claimants. The immediate news coverage is focused on the size of financial penalties for the institutions, on the potential civil or criminal culpability of bank officials and on the reputational harm to both the bank and its senior officers..." Link verified March 28, 2014