You are here

Home > Top Stories

Bank fines till 2012 add up to £148b: study

Thu, Dec 05, 2013 - 6:00 AM

THE cost of bank misdeeds and poor conduct has multiplied to levels comparable to gross domestic products of Singapore, Greece and several other nations.

Between 2008 and the end of 2012 ten leading banks had to pay £148 billion (S$304 billion) in fines and provisions for extra litigation...

sentifi.com

Market voices on:

Top Stories

Climate change raises questions on insurers' capacity to insure risks

Maybank Kim Eng lays off 5% of its Singapore workforce

Low interest rates should make 2020 another good year for SGD bond market

France's Total opens Asia-Pac HQ at Frasers Tower to drive regional business growth

GDP 2.0 measures growth democratically

Former Fed chief Paul Volcker dies, aged 92

BREAKING

Dec 10, 2019 08:53 PM
Government & Economy

Invest in environmental protection: PwC’s wish for Budget 2020

ENVIRONMENTAL protection has made a first appearance in consultancy firm PwC Singapore's wishlist for Budget 2020,...

Dec 10, 2019 08:30 PM
Companies & Markets

Koyo unit wins air-con, mechanical, ventilation services contract

KOYO International's subsidiary has been awarded an S$8 million contract, which is "expected to contribute...

Dec 10, 2019 06:30 PM
Government & Economy

Daily Debrief: What Happened Today

Stories you might have missed

Dec 10, 2019 06:10 PM
Government & Economy

Mahathir pledges to step down for Anwar, but not before November

[KUALA LUMPUR] Malaysia's Mahathir Mohamad, the world's oldest prime minister, promised on Tuesday to hand over...

Dec 10, 2019 06:09 PM
Stocks

Singapore shares continue slide, lose 0.5% amid cautious mood

THE Straits Times Index (STI) spent most of Tuesday flat before heading decidedly lower in the last hour of trading...

Purchase this article
subscribe to
The Business Times
Stay connected with The Business Times
premium content on your favourite platforms
CALL 6388 3838
SUBSCRIBE NOW
Download Our
Apps
Stay up to date with The Business Times for
Stay Updated
Choose which free BT newsletters to sign up for here, or get them all below:
Breakfast Brief
every morning
Daily Debrief
every evening
BT Garage
weekly
BT Lifestyle
weekly