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And those are just the U.S. banks. Britain’s HSBC Holdings PLC agreed to pay a $1.9 billion fine over money-laundering allegations tied to the Mexican drug trade. BNP Paribas of France paid a $9 billion fine for violating U.S. sanctions against Iran, Sudan and Cuba. Credit Suisse paid $2.6 billion for conspiring to aid tax evasion. Add in a host of other fines and it could come to $350 billion.

It’s an appalling record, but thus far has had little apparent impact on banking attitudes. Jamie Dimon, the high-profile CEO of J.P. Morgan – a key figure in many of the cases – complained in January that banks are “under assault,” as if they, not the customers and clients they abused, were the victims.

“We have five or six regulators coming at us on every issue,” he said.

“Obviously companies make mistakes. We try to resolve it, we try to fix it, we admit it.”

“We make mistakes.” That’s the best he can do in relation to financial chicanery that affected millions of people around the world, bankrupted some and cost others their homes? JPMorgan Chase is fighting so many battles on so many fronts, its legal costs alone topped $1.1 billion in the last quarter of 2014. For the full year they approached $3 billion. That’s 20 times the FIFA fraud.

But no one has gone to jail. Certainly not Dimon, who received $20 million in compensation last year, and attacked some shareholders as “lazy” when they voted against it.

Which is one reason so many lips are being licked over the spectacle of young Tom Hayes and his trial in London. Although 25 traders at 16 banks are said to have been involved in manipulating Libor, Hayes is being held out as the brains behind the operation, unlikely as that may appear. Will someone, somewhere finally be thrown behind bars for the rampant greed that appears to infect the industry, from one end of the globe to the other?

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