World's biggest banks fined $321 bn since financial crisis
World's major banks have paid $321 billion (₹21 lakh crore) in fines since the 2008 financial crisis for regulatory failings like money laundering and market manipulation, according to Boston Consulting Group. Almost 10 years after the onset of the crisis, the banking industry still hasn't completely recovered, BCG said. This tally is set to increase in coming years, it added.