What can we say? The big global banks want us to trust them with all our money, included our cash. But again and again we get stories like the one linked below, and even worse. And the fines they get are usually much lower than the gains they got from breaking the law.
We must of course stress that noone has been proven guilty in court for this these criminal cartel allegations, yet. But the reports of wrongdoing by the big global banks are far too many to mention, making it is very hard to believe there are no fire where see the smoke.
The article linked below is well worth reading.
Source: ANZ, Deutsche and Citigroup face criminal cartel charges | afr.com