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Other banks are bracing for the potential fallout, including major fines and regulatory sanctions.
Global authorities are now moving forward with civil and criminal cases, setting up the potential for major fines and regulatory sanctions.
The regulator has recently slapped major fines on companies for failing to patch leaky networks and could decrease the allowed returns.
The numbers are different from the K-R article's statement that "the number of major fines over $10,000 has dropped by nearly 10percentt since 2001".
The News -- The Bush administration has reduced major fines for safety violations in mines, according to an analysis by The New York Times.
The German government has faced similar allegations after it introduced a law earlier this year that forces social networks to take offensive content down or face major fines.
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Major fine?
In the meantime, European regulators slapped Google with a major fine.
A major fine was defined as docking a policeman of 10 days' pay or more.
As a result, we missed the delivery date for the order, which resulted in a major fine from the retailer.
But a major fine in 2012 from the American authorities for laundering Mexican drug money tarnished that reputation for probity.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com