Lawsuits and Regulatory Fees Assignment
Many banks have been involved with a number of settlements concerning lawsuits and regulatory fees. Answer the following questions.
1. Detail five penalties or settlements the bank has incurred over the last decade. Include information like: why did the penalties occur, did the bank admit wrongdoing? were employees of the bank jailed or fired? how did this impact their stock price and has it rebounded? Etc.
2. Were all the legal troubles based in the US or were they on a global scale?
3. What types of risks were these situations – operational, credit, liquidity, etc.
4. What does this analysis tell us about the bank’s culture and their risk management procedures?
5. Did they have more than five penalties or settlements over the last decade?
6. Do you have any suggestions for the bank to mitigate these risks in the future?Get Finance homework help today