Comment on Nuns With Guns: The Strange Day-to-Day Struggles Between Bankers and Regulators

Nuns With Guns: The Strange Day-to-Day Struggles Between Bankers and Regulators

The sobering reality of banking in 2016 is that lenders are awash in new regulations, and growing armies of rule-interpreters and enforcers—for good or ill—are bringing striking changes to banks’ internal cultures. Some bankers view these compliance officials as nuns with guns—ultraconservative but still dangerous.

 

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