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Ed Bowsher

Deutsche Bank fined $630m

Ed Bowsher
Original Broadcast:

Share Radio Afternoon

Deutsche Bank fined $630m
On the naughty step today is Deutsche Bank. The German giant is paying $630 million to settle investigations into the bank for allegedly facilitating Russian money-laundering via so-called 'mirror transactions.' And two former HBOS bankers were found guilty on Monday of charges including bribery and fraud - they'll be sentenced later this week. For more on fines and punishments for banks and bankers, Ed Bowsher was joined by Josh Ryan-Collins, Senior Economist for the finance & economy programme at the New Economic Foundation.

Guest: Josh Ryan-Collins