Corrupt banks finally being dealt with

26
Found 19th Nov 2017
Hey, I’ve always thought the banks have been getting away with daylight robbery and nothing ever gets done. It’s probably because justice costs money and obviously the banks always win that battle and any cases that does get to court and settled are part of a confidentiality agreement so nothing comes out.

What do you guys think? Links below;

thetimes.co.uk/art…fbz

cityam.com/275…ind
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26 Comments
A tiny drop in the compared to how much they screwed us all over ten years ago.
We need to get rid of banks and just have co operatives, i believe they where the first anyway introduced by puritans
Banks, politicians, celebs, businesses, they're all at it with, if not corrupt then definitely morally and unethical practices.
OP, your headline is a sensationalised fake. Banks will never ever finally being dealt with. A tiniest part of it may be dealt with. And then, in order to meet their revenue and profit targets increasing year on year they will use the means again and again. It is a Tom and Jerry show for the investment division in the back office of any retail bank.

Critically, it is not the banks per we as an institution , you need to identify the Britishness of the people who think up these schemes and why? Identify the individuals with their names, understand their ambition and motivation to drive their will to put these schemes on the British people.

Such individuals hate Britain and want to wreck the finance of some of the British people for their personal greed. And their financial impact on these people and of their businesses has knock on effects in micro and macro economics.
Edited by: "splender" 19th Nov 2017
Its the job of the FCA I guess.

Just part and parcel of business that people in all otrganisations will break the rules.

Lots of banks were heavily fined, jobs were lost and firms additionally levied (LINK LEVY) after 2008, so its unfair to say that banks were treated lightly.


Bank Levy
ft.com/con…818
HSBC paid bank levy costs of $1.4bn in 2015 $1.1bn in 2014, and $904m in 2013.

Fines Total up to 2016
World's 20 biggest banks rack up £252bn 'conduct costs' in five years
Segata-Sanshiro1 h, 0 m ago

We need to get rid of banks and just have co operatives, i believe they …We need to get rid of banks and just have co operatives, i believe they where the first anyway introduced by puritans


Who's we? - the UK or the world? ...just not feasible to survive without banks.

Would you reset the UK/world according to everything the Puritans did?
splender24 m ago

OP, your headline is a sensationalised fake. Banks will never ever finally …OP, your headline is a sensationalised fake. Banks will never ever finally being dealt with. A tiniest part of it may be dealt with. And then, in order to meet their revenue and profit targets increasing year on year they will use the means again and again. It is a Tom and Jerry show for the investment division in the back office of any retail bank.Critically, it is not the banks per we as an institution , you need to identify the Britishness of the people who think up these schemes and why? Identify the individuals with their names, understand their ambition and motivation to drive their will to put these schemes on the British people.


'identify the Britishness of these people', really? ...what do you mean by this?
davewave3 m ago

'identify the Britishness of these people', really? ...what do you mean by …'identify the Britishness of these people', really? ...what do you mean by this?



To answer your question and to add to Britishness, I added a paragraph in my above comment.
davewave7 m ago

Who's we? - the UK or the world? ...just not feasible to survive without …Who's we? - the UK or the world? ...just not feasible to survive without banks.Would you reset the UK/world according to everything the Puritans did?


Yes its all based on lies anyway of invisible wealth if all computers died tomorrow the whole financial sector wil be worth didly squat anyway
splender2 m ago

To answer your question and to add to Britishness, I added a paragraph in …To answer your question and to add to Britishness, I added a paragraph in my above comment.


Which made no sense as these people are without boarders
splender5 m ago

To answer your question and to add to Britishness, I added a paragraph in …To answer your question and to add to Britishness, I added a paragraph in my above comment.


Oh, Bank employees who break the rules can be British - that's true, figuring out how many are British wouldn't really help to regulate behaviour since banks employ people from a wide variety of nationalities and I cannot see any correlation which you appear to suggest.
my first mortgage with the halifax , had home insurance tied in, you had to take home insurance with halifax
Problem was the home insurance was about 2 or 3 times higher than average home insurance
Tried to get them to cancel it, but they refused
plus my endowment policy was supposed to pay out more than the cost of the mortgage, looks like it will pay out a 1/3 less.
davewave9 m ago

Oh, Bank employees who break the rules can be British - that's true, …Oh, Bank employees who break the rules can be British - that's true, figuring out how many are British wouldn't really help to regulate behaviour since banks employ people from a wide variety of nationalities and I cannot see any correlation which you appear to suggest.


Britishness is not a British citizen/subject/national, the former , Britishness is a way of life, a way of behaviour, how people treat others with respect, fairness, make money while still retaining British elegance, etiquette and grace blah, blah.
davewave45 m ago

Its the job of the FCA I guess. Just part and parcel of business that …Its the job of the FCA I guess. Just part and parcel of business that people in all otrganisations will break the rules. Lots of banks were heavily fined, jobs were lost and firms additionally levied (LINK LEVY) after 2008, so its unfair to say that banks were treated lightly.Bank Levyhttps://www.ft.com/content/3410b314-daf0-11e5-a72f-1e7744c66818HSBC paid bank levy costs of $1.4bn in 2015 $1.1bn in 2014, and $904m in 2013.Fines Total up to 2016World's 20 biggest banks rack up £252bn 'conduct costs' in five years


I don’t think the FCA does enough and to take these actions and banks to court cost a lot of money and therefore many cases are dropped before they go to trial.
lumsdot17 m ago

plus my endowment policy was supposed to pay out more than the cost of the …plus my endowment policy was supposed to pay out more than the cost of the mortgage, looks like it will pay out a 1/3 less.

That's called an investment ...always comes with a warning... hardly unfair just bad luck.
SackCity1 m ago

I don’t think the FCA does enough and to take these actions and banks to c …I don’t think the FCA does enough and to take these actions and banks to court cost a lot of money and therefore many cases are dropped before they go to trial.

Do you believe 252billion isn't enough?
davewave5 m ago

Do you believe 252billion isn't enough?


I don’t
splender19 m ago

Britishness is not a British citizen/subject/national, the former , …Britishness is not a British citizen/subject/national, the former , Britishness is a way of life, a way of behaviour, how people treat others with respect, fairness, make money while still retaining British elegance, etiquette and grace blah, blah.


You just invented that and no one has any idea what you're talking about again
Segata-Sanshiro8 m ago

You just invented that and no one has any idea what you're talking about …You just invented that and no one has any idea what you're talking about again



I haven't invented that, it is much in the broad topic of ethical banking versus casino banking. How behaviour drives what our leading politicians say, the unfriendly ugly side of extreme business/capitalism.
Edited by: "splender" 19th Nov 2017
Segata-Sanshiro8 h, 1 m ago

Yes its all based on lies anyway of invisible wealth if all computers died …Yes its all based on lies anyway of invisible wealth if all computers died tomorrow the whole financial sector wil be worth didly squat anyway



If computers died tomorow society would end forever. All records are kept on computers so of course it would unless they came back on the next day and they used the master records. It's not really invisible wealth.
splender19th Nov

Britishness is not a British citizen/subject/national, the former , …Britishness is not a British citizen/subject/national, the former , Britishness is a way of life, a way of behaviour, how people treat others with respect, fairness, make money while still retaining British elegance, etiquette and grace blah, blah.


you want to tell these guys they aren't british?

32485803-myn0Y.jpg
upset.brown.pant1 h, 14 m ago

you want to tell these guys they aren't british?[Image]


Which one in the photo is a corrupt financier ? Stay in the topic of this thread, tell me his verified name and which bank address, then I despatch Deliveroo to tell him.
Edited by: "splender" 20th Nov 2017
lumsdot19th Nov

my first mortgage with the halifax , had home insurance tied in, you had …my first mortgage with the halifax , had home insurance tied in, you had to take home insurance with halifaxProblem was the home insurance was about 2 or 3 times higher than average home insuranceTried to get them to cancel it, but they refused


This sounds like a PPI mis sale. I had the same issue but with a Credit Card and the halifax. Look into it, you are maybe owed some money
catbeans19th Nov

If computers died tomorow society would end forever. All records are kept …If computers died tomorow society would end forever. All records are kept on computers so of course it would unless they came back on the next day and they used the master records. It's not really invisible wealth.


BS many many would die but humans are sociably creatures
not here maybe.....
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