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May 18, 2015

Show real remorse and the bank bashing will soften

Another month, another fine. Last week it was announced that five of the world’s biggest banks would pay $6bn to settle allegations that they manipulated the foreign exchange markets. Will the expected admissions of guilt, together with the accompanying payments, permit the banks to put the past behind them? They hope it will; I fear it will not.

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Read the full Financial Times article by Robert Jenkins here.

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