Out-of-court settlements with errant banks: Is financial services industry on a dying path?
Banks are at the receiving end-August 25, 2014 
The reports coming from global financial markets are not good for banks at all. Banking regulators have renewed their war against whom they perceive as errant banks. The law enforcement agencies in their respective countries too have joined them as allies in this onslaught. This time it is not small banks which they have captured in their nets. It is big banks they have netted proclaiming ‘no bank is too big to jail’, the alternative version of the popular dictum ‘some banks are too big to fail’.