Comment by glbrew

Banks are the most law breaking entities in the United States. They constantly have to make enormous settlements for the insane number of laws they break. These are just the settlements for Bank of America:

https://www.fool.com/investing/general/2014/10/01/the-comple...

A better summary wouldn't be "they make plenty of money legally." It would be they make plenty of money illegally after paying the settlements.