Should Banks Be Crime Fighters? The Hidden (and Not So Hidden) Costs

Should Banks Be Crime Fighters? The Hidden (and Not So Hidden) Costs

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Source: Coindesk.com

“We are all Nigels now.”

That was former chief economist for the Bank of England Andy Haldane speaking at an event last month. He was referring to the closure last year of right-wing politician Nigel Farage’s account at upscale bank Coutts, for what Farage insisted were political reasons. In the resulting fuss, the bank’s CEO lost her

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The post "Should Banks Be Crime Fighters? The Hidden (and Not So Hidden) Costs" appeared first here Coindesk.com.

Source: Coindesk.com

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