UK banks face 'billions more' in fines as BBA looks to future

rbs-2010 — RBS has faced conduct-related losses

Alexander Campbell
18 Jun 2015

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UK banks could still see billions of pounds more in fines related to their US operations, warned speakers at the British Bankers' Association's annual retail conference today (June 18).

The theme of the conference was "Retail Banking in 2020" but, subsequent speakers warned, the UK industry was still far from clear of the after-effects of the 2008 financial crisis – and its misdeeds before and during it.

Michael Helsby, a research analyst covering European banks at Bank of America Merrill Lynch

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