Compensation for poor conduct has cost the world's biggest banks £200bn

Figures covering 16 banks in five years to the end 2014 reveal £30bn increase in payouts, fines and legal bills on previous five-year period to end 2013 The cost of compensating customers, paying fines and legal bills for the world's biggest banks has increased to £200bn, according to research to be published on Monday. The £200bn, which also includes sums set aside for penalties in the future, is for the five years to the end of 2014. It is a rise of £30bn on the previous five-year period f...