EPISODE · Dec 10, 2012 · 1 MIN
The scramble for settlements
from FT Banking Weekly
After Standard Chartered's announcement that it will pay an additional $330m to resolve investigations into US sanction breaches and a deal expected from UBS in the next few weeks over the Libor scandal, the banking team asks why lenders are rushing to reach settlements with regulators. They also discuss the consequences for Deutsche Bank after it emerged that three former employees told regulatory authorities that the bank hid up to $12bn of paper losses during the financial crisis. Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
After Standard Chartered's announcement that it will pay an additional $330m to resolve investigations into US sanction breaches and a deal expected from UBS in the next few weeks over the Libor scandal, the banking team asks why lenders are rushing to reach settlements with regulators. They also discuss the consequences for Deutsche Bank after it emerged that three former employees told regulatory authorities that the bank hid up to $12bn of paper losses during the financial crisis. Hosted on Acast. See acast.com/privacy for more information.
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The scramble for settlements
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