With the size of the fine, there is no chance that it was worth it (to the bank). This fine is over four times bigger than the previous record fine ($1.9 billion, HSBC, also for sanctions violations)
However, it could have been worth it to the individuals who arranged the transactions and (presumably) got large bonuses as a result.
> With the size of the fine, there is no chance that it was worth it (to the bank). This fine is over four times bigger than the previous record fine ($1.9 billion, HSBC, also for sanctions violations)
The previous record fine of a European bank by the US wasn't HSBC's $1.9 billion for sanctions violations, it was Credit Suisse's $2.6 billion for tax evasion.
However, it could have been worth it to the individuals who arranged the transactions and (presumably) got large bonuses as a result.