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Banks have paid $321bn in fines since 2008

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Banks globally have paid $321 billion in fines since 2008 for an abundance of regulatory failings from money laundering to market manipulation and terrorist financing, according to data from Boston Consulting Group.

Barclays fine inspires change

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Barclays’s $150m fine has inspired the chief of one foreign-exchange platform to change its rule book, a sign of how regulatory action is reshaping the world’s biggest market.

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Banks have paid $321bn in fines since 2008

Banks globally have paid $321 billion in fines since 2008 for an abundance of regulatory failings from money laundering to market manipulation and terrorist financing, according to data from Boston Consulting Group.