May 26, 2015 BY Andrew Saks-McLeod
Up go the fines, down goes the revenue. The reverse economics of the FCA
The combined penalties issued to Barclays and Deutsche Bank, at £511 million, make up the lion’s share of the £696.6 million total for the year to date, representing nearly half of the £1.4 billion reaped last year, however the FCA considers it very unlikely that it will be able to match that in the second half of the year
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