Apologize"?!? "improve their procedures"?!?
I would strongly suggest that some of the executives of this bank need to be cooling their heels in a non-country club prison, paired with a prisoner whose middle name is "the", and is in the slammer for multiple murders.
What will happen, because financial institutions support US politicians with generous donations for their campaigns, will be a slap on the wrist, as happened with Wachovia Bank.