That’s what we naively thought here too.

Look at how US government treats financial behemoths which actively harm whole mankind vs how EU treats them. There is way more to this topic obviously (who wants to harm their local company), but generally US is pro-companies while Europe is pro-people.

Deutsche Bank and HSBC, two major European banks, have repeatedly admitted they have engaged in money laundering activities for Russia, drug cartels and terrorists and have consistently failed to meet their AML obligations. The US is the only entity that’s going after these banks for these issues winning significant judgments and even with that backdrop you don’t see any EU enforcement.