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Major banks have now set aside $219bn (£144bn) to pay fines and legal costs since the financial crisis.
Ratings agency Moody’s, which calculated the vast provisions, ranked Barclays, HSBC and Royal Bank of Scotland at high risk from on-going investigations.
The agency also sounded an alert over the risk of criminal proceedings against banks which could threaten their future profitability.
The original article can be found at theguardian.com