Which? response to the latest report from the Parliamentary Commission on Banking Standards

In response to the latest report from the Parliamentary Commission on Banking Standards, Which? executive director Richard Lloyd said:

“This is another shocking example of the failures of individual bankers and the Financial Services Authority (FSA), and shows again why we need a big change in banking. The Financial Conduct Authority must succeed where the FSA did not in raising standards and holding individuals to account. The Parliamentary Commission must now finish the job they have started and bring forward tough proposals for the Government to change the culture of banking and make banks work for their customers not bankers.”

 

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