1. Anyone Who Believes They'll Actually Stop Tax Avoidance Planning is a Fool
So they're closing down a unit that is representative of assisting customers in avoiding taxes. It's a nice symbolic, PR moment. If, however, you think they're going to risk losing their high-dollar customers to other institutions by not helping them with tax avoidance schemes you are a naive fool. They will simply weave these services into other products and services they offer. It will become part of "straightforward tax planning" no doubt.