Interesting how our banks show very little common sense regarding risk and say they don't need more regulation 'unless they ask for it' eg they keep pushing their greed while requiring tax payer guarantee but take one of these ex bank managers put him in charge of a banking enquiry and how banks should be run and its a completely different story (a common sense story).
ps just heard many major global banks will be fined for FX manipulation,also heard they want to pay the fines and move on,my question is move on to what?.
Would be interesting to know the relationship as a percentage for the fines imposed compared to the FX profits made.
ps fines not enough.
