Also, while it seems such an order is legal - should it be?

If these were legally obtained photos, why should someone be compelled to delete them? Compelled deletion is a slippery slope. Shared a legally purchased mp3 with a friend? Delete it. Shared a picture of Beyonce at the Superbowl? Delete it.

Appears to be an original from reddit /user/MadsToon: https://old.reddit.com/r/HistoryMemes/comments/jutm8e/not_a_meme_just_a_history_cartoon_i_made_this/

The article aggregated all the fines per company (though a breakdown is available at the bottom of the article). The image shows the top 8 biggest individual fines, and the companies you listed had multiple fines in the top 8.

The “big five” banks in the states actually represent less than half the American population, whereas the major banks in Canada cover about 85% of us. (Note these numbers are from before the pandemic - I’m no longer involved in the banking industry.)

The US system is still incredibly fragmented, though a lot of consolidation is happening (yay oligopolies). Canada, on the other hand, has had stricter regulations for longer, which meant that even the 15% of Canadians with small banks and credit unions were included in the changes to the industry as they happened.