Federal prosecutors are reportedly nearing criminal charges against two of the world’s biggest banks, BNP and Credit Suisse, a development that could produce the first guilty plea from a major bank in more than two decades.  In doing so, prosecutors are confronting the popular belief that Wall Street institutions have grown so important to the economy that they cannot be charged.  New York principal Dan Levy comments on the considerations of prosecutors in determining how to proceed in these cases.

The full article can be found here.


Jump to Page