Between 2007 and 2014, the costs of unethical behavior in investment banks (fines, lawyer costs, trading losses)
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Between 2007 and 2014, the costs of unethical behavior in investment banks (fines, lawyer costs, trading losses) were estimated at over $100 billion, about 6.6 percent of industry revenue. Will this be a deterrent?
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Such large fines should be a deterrent but time will tell Over the seven year period ...View the full answer
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Ali Khawaja
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Related Book For 
Introduction to Finance Markets, Investments and Financial Management
ISBN: 978-1119398288
16th edition
Authors: Ronald W. Melicher, Edgar A. Norton
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