Tag Archives: JP Morgan Chase

Time for a banker to go to gaol?

Posted on June 15, 2014 by Geoff O'Reilly

BNP Paribas, France’s biggest bank, is in trouble with the law in the US. It is apparently guilty of violating US financial sanctions against Iran and others. The US Department of Justice (DOJ) suggested the bank plead guilty and pay a $16 billion … Continue reading →

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Banks. Don’t you just love ’em?

Posted on November 17, 2013 by Geoff O'Reilly

Before 2008 there were five enormous investment banks on Wall Street. These were not banks with tellers and branches looking after ordinary people and businesses. These were the deal makers. As the financial crisis unfolded, first Bears Sterns got into … Continue reading →

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