Let's see, the FRB and OCC are unhappy (public news) with the progress on customer remediation efforts, the asset cap put in place by the FRB in January 2017 is still in force, and the regulators have had to drive a stake in the ground to see if the bank is moving on these efforts, according to news I've read lately.
So here's what needs to happen - ZERO executive bonuses or stock option grants until the asset cap is lifted and the work is done. To do more with less and cut costs, all SVPs and above take an immediate 25% pay cut until asset cap is lifted or be shown the door.
Abate any layoffs of risk and control professionals and save money with above executive cuts.