Banks £4billion fine

[unclebulgaria67]

U.S. regulators have fined banks including RBS and Barclays a total of 4 billion for the forex fixing in the US.

 

Makes you think whether past profits have been based on legal and ethical basis.

[renegadeimp]

http://www.bbc.co.uk/news/business-32817114

 

 

that money is absolutely NOTHING to those banks. The CEO's and bankers who participated in those private chats, who comitted mass fraud etc, should be locked up. But hey, thats america, where you can buy your way out of any lawsuit.

[theoldrouge]

http://www.bbc.co.uk/news/business-32817114

 

 

that money is absolutely NOTHING to those banks. The CEO's and bankers who participated in those private chats, who comitted mass fraud etc, should be locked up. But hey, thats america, where you can buy your way out of any lawsuit.

 

 

and in the UK you dont need to, because noone is ever charged

[renegadeimp]

Thats cos of the muppets that are in power. Theyre hand in hand with the bankers.

[determindator]

I never believed the Banks didn't have the money to refund unfair bank charges. Funny how the fines are affordable.

 

I understand the fines taken are allocated to good causes but surely there's also bank customers who have been fleeced and need recompense as well.

 

http://www.bbc.co.uk/news/blogs/the_papers

 

http://www.dailymail.co.uk/news/article-3090192/ALEX-BRUMMER-aren-t-Barclays-gangsters-heart-foreign-exchange-rate-scandals-prison.html

[citizenB]

but surely there's also bank customers who have been fleeced and need recompense as well.

 

http://www.bbc.co.uk/news/blogs/the_papers

 

http://www.dailymail.co.uk/news/article-3090192/ALEX-BRUMMER-aren-t-Barclays-gangsters-heart-foreign-exchange-rate-scandals-prison.html

 

People who have lost their homes, their savings, their pensions - the banks should be made to compensate.

[determindator]

I never believed the Banks didn't have the money to refund unfair bank charges. Funny how the fines are affordable.

 

I understand the fines taken are allocated to good causes but surely there's also bank customers who have been fleeced and need recompense as well.

 

http://www.bbc.co.uk/news/blogs/the_papers

 

http://www.dailymail.co.uk/news/article-3090192/ALEX-BRUMMER-aren-t-Barclays-gangsters-heart-foreign-exchange-rate-scandals-prison.html

 

It seems the BBC site auto updates so here is the link to the original bank report

 

http://www.bbc.co.uk/news/business-32817114