Amid spreading concern about consumer privacy and its enforcement, most of the nation's largest banks are appointing "privacy czars" to steer them clear of controversy.

At least seven major banking companies have recently named senior-level executives to hone and supervise privacy policies. Three of the posts have been created within the past seven months.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.