Whilst we focus on corruption here in Spain, the level pales into comparison with that found in five international banks.
Traders in those banks were rigging the foreign exchange market to benefit their companies and also to earn huge bonuses for themselves. The investigation into this practice says that the banks were not complicit but should have exercised more control. In total, the fines imposed on the banks amounts to £2bn.
Interestingly, more than 30 traders have been fired, suspended, put on leave, or resigned since the probes started, and the Serious Fraud Office has launched a criminal investigation - but there have been no arrests.