5 ms·

A small bank, right?

• fnordpiglet 4y ago
  Any bank. Bank charters are attached with enormous responsibilities and consequences.
  • quickthrower2 4y ago
    For big banks: fines yes, prison, usually no. For example https://www.reuters.com/business/finance/us-fed-terminates-enforcement-action-against-hsbc-2022-09-02/ https://www.reuters.com/business/finance/us-fed-terminates-e...
    • fnordpiglet 4y ago
      For employees involved in money laundering or insider trading or other financial crimes, they go to jail fast regardless of bank size. And the firms spend negative energy protecting them.