I avoided them when I was in the US since the bank that can extract the most value is clearly going to be a winner in buyouts and the worst option for consumers

I avoided them when I was in the US since the bank that can extract the most value is clearly going to be a winner in buyouts and the worst option for consumers.. But I would assume this is another policy of maximizing customer harm that is in their best interest given the policies they are supposed to adhere to and expected costs and profits. The more accounts they frivolously close (or get closed by outrageous behavior) in the right demographics, the less likely and less severe any fine or get well plan is that is imposed for non-compliance for say an Iranian national that leaves and let's their US green card lapse.