The 10 banks in the report, including HSBC, UBS and Societe Generale, have paid $37bn (€27bn, £22bn) to date, with a further $28bn already factored in, and a further $38bn not so far set aside.
HSBC faces the highest estimated bill at $16.9bn, followed by Lloyds ($11.1bn), RBS ($10.6bn), Barclays ($10.2bn) and UBS ($9.8bn).
However, Credit Suisse said the situation is fluctuating. For example, BNP Paribas’s estimated $3.1bn costs could yet rise pending the outcome of US investigations into allegations it broke sanctions against Iran.
Standard & Poor’s yesterday put its A+ credit rating of BNP Paribas on creditwatch “negative” as a result of the investigation.
The other four banks in the report were Deutsche Bank, with an estimated total bill of $9bn, Societe Generale ($2.7bn), Credit Agricole ($1.2bn) and Julius Baer ($750m).
Meanwhile, the eurozone banks are expected to pay €260m in 2015 to cover European Central Bank (ECB) supervisory costs, under its draft proposals.
Each of the eurozone's largest banks would be required to pay fees of around €15m a year to help cover the ECB’s expenditure on supervising the eurozone banking area, under draft proposals published by the bank.
