NEW YORK — The chief executives of the nation's three largest banks on Friday pushed back against legislation that would heavily tax Wall Street bonuses.

Citigroup Inc. CEO Vikram Pandit and Bank of America Corp.'s Kenneth Lewis both issued memos to employees criticizing a tax that would make it hard to retain workers. And JPMorgan Chase & Co. CEO Jamie Dimon reassured his 200 top executives in a conference call that the bank is actively engaging Washington on the matter.

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