Friday, 30 May 2014

What's $10 billion? Just another bank fine

t gets a bit monotonous. Another major bank facing a major fine for improper behaviour.
Today it is BNP Paribas that is reportedly facing a $10 billion fine for evading US sanctions against Iran and other countries.
Once again there is no talk of any bank official going to jail for what is a criminal offence.
You will find details of other examples of the ethical standards of banks in the Owl's Ticket clippers section. It is a depressing collection.
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