Banks Pay Up US$184-Billion And Counting In Settlements Following Global Financial Crisis

Since 2009, the world’s banks have paid US$184-billion in settlements with either regulators or in actions brought by private parties. And to put that number into some sort of perspective: the US$184 billion in fines is about equal to the GDP of New Zealand, the world’s 54th largest economy with a population of about four million.…

Banks pay up US$184-billion and counting in settlements following global financial crisis