Hsu says some big banks could face breakup, WSJ reports

Michael Hsu, the acting Comptroller of the Currency, said while speaking at the Brookings Institution that some big banks may need to be broken into smaller pieces if they become too big to manage and are unable to fix significant regulatory lapses, reported The Wall Street Journal’s Andrew Ackerman. Some of the largest U.S. banks include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link