A page 1 story Tuesday, "Comptroller Threatens Crackdown on Privacy Issue," misstated a view expressed by R. Scott Jones, the American Bankers Association president.

Mr. Jones does not dispute the comptroller's power to discipline banks for bad service. He opposes such intervention, however, holding that the market can do the job.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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