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Since the financial crisis, banking scandals have been expensive; now the attention may turn increasingly personal. After more than $372 billion of fines, significant progress has been made in getting the industry to root out wrongdoing. Just last week, the European Commission fined five companies a total of 1.1 billion euros ($1.2 billion) for colluding in the foreign-exchange market.It's just another form of bad behavior, as the FCA has recognized.A few weeks after the town hall, the bank announced the global markets chief was retiring.While finance leaders have long vowed to change banks' ways, the pace of adjustment lower down the ranks has been slow.While there are pockets of finance, such as asset management, where women are now running a number of businesses, the same cannot be said for banking.Overall, female executive representation in banking and financial services increased to 16 percent in 2017, up from about 13.3 percent in 2013, according to a study by Refinitiv.
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