bank-nyc-skyline-image-source-getty-images_large 02When Big Banks Go Bad: The 9 Largest Bank Settlements of All Time

 

This is a www.fool.com article.

 

Over the past decade, big banks have shelled out record settlements for wrongdoings. Here’s why.

Last summer, Gallup conducted a poll that revealed Americans’ faith in key institutions continued “to lag below historical averages.” While the confidence of the American public in a number of institutions, including organized religion, the military, and government entities, had dropped significantly in the last decade, no institution has fallen further than banks.

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