If there is one thing that's got easier for banks since the financial crisis, it's this: incurring regulators' wrath. Forgot to mention a big new hire? Your life will be made more difficult. Prefer not to sign anything unless required by law? You will be punished. And if one of your star traders has done something debatable, accepting supervisors' point of view as early as possible may be the smartest – if not the most dignified – option.
The growing number of investigations, debarments and