Global Banks are facing top time since last five years. The position has improved for few of them but they are also not completely out of the pain. As the World Economy is still reeling under pressure Banks are feeling the impact. The major risk is the security of their Assets and internal control system. Investors are still not confident about the future of major international Bank as evident from their Stock price. Regulators all over the World restoring to Stress test of Banks more frequently and finding surprising outcome. The recent news of few large Banks in the LIBOR rate manipulation scam has raised eyebrows about the ethical practice of Banks. The Bank has agreed to pay penalty of USD 453 Million admitting its mistake . The news of one more Bank admitting Billion dollar loss on flawed portfolio of derivative transaction has raised concern about the control system of Banks. Credit Insurance premium for Global Banks is at its pick due to so many reasons. One more Bank is also in news of possible US invetigation with the charge of financing illegal transaction to Sanctioned Countries like Iran whose outcome may be more pinful for the Bank .
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