Top 10 largest bank settlements in history

Top 10 largest bank settlements in history

Banks are an integral part of the world economy. They have been around for centuries, and will probably be here for a long time. They are supposed to act in a fair and transparent manner with their customers and investors. But sometimes they don’t. When they commit financial crimes of massive proportions, regulators punish them with monetary fines. And sometimes banks choose to settle the case by paying a hefty fine. Here we take a look at the top 10 largest bank settlements ever.In the 15-month period through 2019, banks were fined a staggering $10 billion, according to data from Fenergo. Las…

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