UK's biggest banks face further $29 bln misconduct bill - S&P

Britain's biggest banks face another 19 billion pounds ($29 billion) of charges relating to past misconduct over the next two years, ratings agency Standard & Poor's (S&P) said in a report on Monday. S&P said Britain's banks and customer-owned lenders had incurred 48 billion pounds in misconduct and litigation charges over the past five years.