A day of shame for British banks - AAD Consumer Forum

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5corpio started a blog post A day of shame for British banks
13 February 2013, 08:08

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A day of shame for British banks
Watchdog accuses them of gambling your nest eggs

The Financial Services Authority will publish a devastating dossier

It will accuse bank salesmen of giving customers poor advice

At least one major bank faces fines and compensation payouts

High Street banks will today be accused of gambling the hard earned savings of the vulnerable by selling thousands of customers risky investment plans. In another day of shame for the industry, the Financial Services Authority will publish a devastating dossier exposing how salesmen gave poor and misleading advice which put customer nest eggs at risk. It is the latest damaging revelation as they desperately try to restore their reputations in the wake of the interest rate rigging scandal.......Read more here
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