5 of the World's Biggest Banks are charged with Antitrust and fraud charges

Big banks fined Billions for fraud and other crimes but none of the crooks go to jail. That's a big problem.

Time for Bank Reform Now Joe Hockey - check out today's earlier post Joe - you better have a word to some of your colleagues -https://www.facebook.com/bankreformnow/photos/a.545658092209510.1073741831.366324383476216/686938914748093/?type=1&theater

Barclays, JPMorgan Chase, Citigroup, Royal Bank of Scotland and UBS expected to plead guilty

For most, pleading guilty to a crime can be disastrous. But when five of the world's biggest banks cop to antitrust and fraud charges as soon as next week, life will...

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• JPM, Barclays, other banks likely to plead guilty over forex: sources NEW YORK (Reuters) - The parent companies or main banking units of as many as five major banks are expected to plead guilty to U.S. criminal charges over manipulation of foreign exchange rates, people Save REUTERS · 601 SHARES · 11 MAY 2015
• Report: Top Banks to Plead Guilty to Fraud, Antitrust Charges Five of the world’s top banks are reportedly set to plead guilty to a number of fraud and antitrust charges in the United States. According to The New York Times, Barclays, JPMorgan Chase, Citigroup and the Royal Bank of Scotland will together pay billions of dollars in fines and plead guilty to rigging the price of foreign currencies as early as next week. UBS is also expected to plead guilty to charges and pay a $500 million fine. The Justice Department is voiding a previous non-prosecution agreement with UBS over its apparent violations of the terms. The guilty pleas aren’t expected to impact the bank’s operations. The Times said the Securities and Exchange Commission will likely approve waivers that would let the banks "conduct business as usual despite being felons." Save DEMOCRACY NOW! · 55 SHARES · 14 MAY 2015
• JPMorgan to convert Chase cards to chip technology JPMorgan Chase will replace all of its customers' debit cards with more secure chip-based cards nationwide, the bank said Tuesday, and expects to have chips on 70 percent of its debit cards by the ... Save FOX 5 / MYFOXN