Two big bank CEOs just explained why they're throttling personal finance startups (BAC)

Big banks have recently throttled popular consumer apps and restricted their access to key data, frustrating their own account holders. 

And two CEOs just provided a little more insight into why. 

PNC Financial Services president and CEO William Demchak was asked about restricting access to data aggregators by McKinsey & Co. director Asheet Mehta on a panel at The Clearing House's banking regulation conference in midtown Manhattan.

"I think Brian [Moynihan] is better able and more...

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