"US regulators have imposed fines worth $37bn on the global banking industry in relation to US-based economic crime since 2012. Of that, UK, French, German and

"US regulators have imposed fines worth $37bn on the global banking industry in relation to US-based economic crime since 2012. Of that, UK, French, German and Swiss banks with branches in the US have paid almost 40%." "The average amount paid by European banks is around $500m per fine — over 10 times the average that US firms pay to US regulators ..." The EU banks have long been a cookie jar for the US to raid whenever they need a buck or two