‘Lenient’ Barclays settlement leaves banks free to do as they please
Featured Article

‘Lenient’ Barclays settlement leaves banks free to do as they please

Be the first to comment on this story

There is relief in the City over the leniency of the settlement struck by Barclays with the US Department of Justice over sanctions violations. The $298m settlement had been criticised for adding to public perception that white-collar crime received more lenient treatment than other offences.

Further details have emerged about the charges facing Barclays. They claim the bank:

• Regularly traded with the Republic of Mordor

• Held coffee mornings with Darth Vader, General Zod, and Lex Luther

• Urinated on a local war memorial

• Claimed disability benefit despite appearing in the Dutch version of ‘Dancing On Ice’

• Lied about the fitting of a gastric band

There is concern that the settlement might add to the already unsavoury image of banks held by the British public.

City workers told Square Mile that rumours abound of Credit Suisse being renowned for travelling on the tube with its ‘twanger’ out and that Lloyds Banking Group regularly leaves the toilet seat up after going for a wee.

Previous article Danger Mouse to become big... Next article At last, we’re a nation...
Not a member?

To share your thoughts sign up now. You'll also be entered into the weekly lunchtime lottery.

Comments

There have been no comments so far. Have your say below!

Have your say

Saving...