“Apologies and commitments to improve are also welcome. But
accountability for past conduct is essential and that’s what’s missing here,”
Mr Levin said, adding that the bank’s charter could be at risk if it did not
do better.
The bank is still facing a Justice Department investigation could soon yield a
fine that dwarfs the record $619 million that Dutch bank ING agreed in June
to pay to settle similar accusations.
Contains video from Reuters
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