The current political climate is causing anxiety, even fear, among bank executives. There is concern that the slightest misstep in the implementation of banking services that were once considered common staples will raise public ire and the attention of the media.
Consumer advocates and the media are ready to pounce on any story that hints of predatory practices. Banks that do not do their homework or that have no best practices or expertise in issues of compliance may find themselves subject to, and defenseless against, any and all . . .
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