Banking Commission calls for removal of Commission for frontline bank staff
Future of Banking Commission has called for the complete removal of commission for frontline bank staff and enforcement action against senior management in firms putting excessive sales pressure on workers.
A senior federal banking regulator has been removed from his job after government investigators concluded that he knowingly permitted IndyMac Bancorp to present a misleading picture of its financial health in a federal filing only months before the California thrift was seized by regulators.