Now it is currency trading
Before it was LIBOR and numerous problems of US and European banks related to the financial crisis.
Biggest problems - of the biggest bank in the US, JP Morgan
$4.5 billion for mortgage claims settlement
$13 billion tentative agreement
and $23 billion for legal costs and future fines
By the way, the $23 billion for legal problems is more than total market capitalization of 2/3 of S&P 500
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