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His memo also criticized the approach federal agencies took to corporate crime at big banks during the Obama years, arguing that the Securities and Exchange Commission and the Federal Reserve let financial institutions off too easy.
The European Central Bank is eager to wean institutions off the almost unlimited cheap loans it has been providing since the beginning of the financial crisis, but cannot do so unless banks resume lending to one another.
The Federal Reserve and the Bank of England, which flooded their banks and markets last year with cheap cash to stabilize the upheaval from Europe, are also trying to wean financial institutions off those funds.
"I know that some believe that by focusing on what women can do to change themselves – pressing them to lean in – it seems like I am letting our institutions off the hook.
Alex Strick van Linschoten, an academic who was prominent in putting the project together, called the decision shortsighted and said it would put other institutions off hosting similar archives.
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No one has accused these institutions of pulling off a fraud like Wells Fargo's.
Board members resigned and other art institutions cut off loans to the academy and swore off any collaboration.
For many smaller institutions, going off the subsidy grid brings an unexpectedly welcome freedom from forms and bureaucracy.
But analysts say that a significant portion of the decline is actually the result of financial institutions writing off billions of dollars in credit card debt as losses.
The consortium of Canadian financial institutions fended off advances from the London Stock Exchange, which withdrew its rival offer last year after failing to get shareholder backing.
His contempt for Mexico's democratic institutions scared off many of his erstwhile supporters and split his Party of the Democratic Revolution (PRD .Now he is on his way back and that is a problem for the president.
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