It’s something many Americans have been asking for and, slowly, we’re starting to see it: stricter penalties for wayward financial institutions. As many have expected Massachusetts Senator Elizabeth Warren is leading the charge in Congress while, somewhat less expectedly, the Department of Justice has stepped up its game as well. Today’s guest on LXBN TV is Foley & Lardner Partner Tom Elkind, author on The CFSL Bulletin.
Topics: DOJ, Elizabeth Warren, HSBC, Libor, Penalties, Royal Bank of Scotland, UBS
Published In: Finance & Banking Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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