Bank bosses grilled by US legislators

摘要

The cicadas are all abuzz in Washington, DC, awakening from a 17-year nap just in time to hear the heads of the six largest US banks face withering attacks from lawmakers on topics ranging from diversity and climate change to bank overdraft fees, investor protection, margin rules, compensation and taxes. Fortunately for the CEOs -Jamie Dimon of JP MORGAN, Jane Fraser of CITIGROUP, Brian Moynihan of BANK OF AMERICA, Charles Scharf of WELLS FARGO, David Solomon of GOLDMAN SACHS and James Gorman of MORGAN STANLEY -they did not have to travel to Washington in person this year. With Covid-19 restrictions still in place, the CEOs testified remotely from their own enclaves, far away from the billions of cicadas that have emerged in the capital.