The pain keeps on coming for Deutsche Bank (DB +0.77%), Société Générale, Citigroup (C 0.06%) and JPMorgan Chase (JPM +0.28%) – this time because of fallout from alleged rate manipulations. All four banks agreed to pay some hefty fines, but the impact to the overall business is relatively minimal. In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss these fines and more.
These 4 Banks Just Got an EU-Smackdown
By Matt Koppenheffer and David Hanson – Dec 4, 2013 at 6:00PM
NYSE: C
Citigroup
Market Cap
$186B
Today's Change
(-0.06%) $0.06
Current Price
$100.79
Price as of November 7, 2025 at 4:00 PM ET
Deutsche, Société Générale, Citi and JPMorgan all get fined millions.
About the Author
Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he's been . Matt is a heavy user of AI tools and is working on harnessing them to help Fool members. Previously, Matt was GM of Motley Fool Ascent, led The Motley Fool Deutschland, has been an investor on various Fool services, and co-hosted the podcast "Where the Money Is". He also co-authored the book The Astonishing Collapse of MF Global. Matt started his career in San Francisco as a technology-focused investment banker and also worked at a $15 billion private equity company. When he's thinking about how to make Fools smarter, happier, and richer, you can usually find Matt running trails or making a mess in the kitchen. He's a graduate of the University of Pennsylvania, but is a lifelong fan of Penn State football.