Question Time

Although cantankerous shareholders can be a bit of an annoyance, big-bank CEOs rarely go through wringers of unrelenting and sometimes downright unpleasant questioning.  This will, though, be their fate when a select group of GSIB and super-regional bank CEOs is called before HFSC and Senate Banking later this week.  Nothing will come of this inquisition in terms of legislation, but – as the shift in overdraft and racial-equity policy makes clear – big banks can feel compelled to change course even as regulators hear the wind at their back.