, Columnist
The Next Round of Bank Scandals Will Be Personal
After $372 billion of fines for bad behavior, expect bankers' non-financial conduct to come increasingly under the microscope.
The city of London.
Photographer: Dan Kitwood/Getty Images EuropeThis article is for subscribers only.
Since the financial crisis, banking scandals have been expensive; now the attention may turn increasingly personal.
After more than $372 billion of fines, significant progress has been made in getting the industry to root out wrongdoing. Just last week, the European Commission fined five companies a total of 1.1 billion euros ($1.2 billion) for colluding in the foreign-exchange market.