When bankers faced the "death penalty," they put John J. Byrne on the case.

In its first incarnation, the 1990 legislative proposal would have required regulators to revoke a bank's charter, without a hearing, if an institution or its employees were convicted on money laundering charges.

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.