UK's big four banks face extra £19bn in fines, analysts predict

Ratings agency Standard & Poor’s estimates total costs for Barclays, HSBC, RBS and Lloyds on top of £42bn already paid in the five years to 2014The UK’s big four high street banks face another £19bn of conduct and litigation charges by the end of 2016 as they continue to pay the price for past mistakes, according to analysts. The estimates, from ratings agency Standard & Poor’s, are for Barclays, HSBC, the Royal Bank of Scotland and Lloyds Banking Group. They come on top of