Our Products:

  • The Banker Database
  • Global Risk Regulator
The Banker
  • Sustainability
  • Comment & Profiles
    • Comment & Profiles
    • Editor's Blog
    • Team of the Month
    • Deals
    • Issuers
    • People
    • Bracken
    • Viewpoint
    • Leaders
  • Banker Data
    • Banker Data
    • International Financial Centres
    • Banker Rankings
    • Bank Trends
    • The Banker Database
    • Top 1000
  • World
    • World
    • Africa
    • Asia-Pacific
    • Americas
    • Middle East
    • Western Europe
    • Central & Eastern Europe
  • Markets
    • Markets
    • Capital Mkts
    • Derivatives & Structured Products
    • Islamic Finance
    • Climate & Carbon
    • Commodities & Energy
    • Infra & Project Finance
    • Deals
    • People
    • Issuers
  • Banking, Regulation & Risk
    • Banking, Regulation & Risk
    • Regulation
    • Wholesale Banking
    • Politics & Economics
    • Retail Banking
    • Management & Strategy
    • Private Banking
    • Reg Rage
  • Transactions & Technology
    • Transactions & Technology
    • FX & Payments
    • Cash Management
    • Securities services
    • Trade Finance
    • Transaction Bankers
    • Technology
    • Trading
    • People
    • Comment
  • Reports
    • Reports
    • Financial Markets Series
    • Financial Intelligence Guides
    • Special Reports
  • International Meetings
    • International Meetings
    • View from EBRD
    • View from Sibos
    • View from ADB
    • View from Felaban
    • View from Davos
    • View from AfDB
    • View From ARC
    • View from IDB
    • View from IMF/World Bank 2022
  • Banker Events
  • Sections More Menu
  • Video
  • Podcast
  • Top 1000
  • Awards
    • Awards
    • Banking Awards Calendar
    • Bank of the Year Awards
    • Central Banker of the Year
    • Deals of the Year
    • Finance Minister of the Year
    • Investment Banking Awards
    • Islamic Banking Awards
    • Private Banking Awards
    • Innovation in Digital Banking Awards
    • Transaction Banking Awards
  • Login
  • Register
  • Subscribe
  • Search

Banks under legal siege

Suzanne Miller Sunday, 2 March 2003

Wall Street banks are facing damages to the tune of $25bn but are reluctant to set aside reserves as they fear it may encourage new claims. Suzanne Miller reports on the legal battle that threatens to spread overseas.

To continue reading, join our community and benefit from:

  • In-depth coverage across key markets
  • Comments from financial leaders and policymakers worldwide
  • Regional/country bank rankings and awards

Have an account? Sign In


My Account

  • Login
  • Register
  • Subscribe

Support

  • Contact
  • About Us
  • FAQs
  • Help

Services

  • The Banker Database
  • Global Risk Regulator
  • RSS

Legal & Advertising

  • AdChoices
  • Modern Slavery Statement
  • Privacy
  • Cookie Policy
  • Advertising & Sponsorship
  • Legal information
The Banker and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
© 2023 The Banker | A service from the Financial Times Ltd.
Cookies on FT sites

We use cookies for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Manage cookies