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Money Fight Club: The smart way to save money one punch at a time by Lindsay Cook, Anne Caborn

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Round 3 – Banks and Finance

“When humans go into or on to the sea, they enter the domain of the shark and do so at their own risk.”

Alex MacCormick, Shark Attacks: Terrifying True Accounts of Shark Attacks Worldwide

The world we move in is made up of traditional sharks and cowboys who you might already be on your guard against, such as bogus builders and tradespeople, plus there is a whole new range of suited and booted financial professionals working for banks, building societies and other institutions who we think we can trust. There’s blood in the water and most of it is ours.

Figures for the year to April 2013 released by the Financial Ombudsman Service revealed that 76% of the complaints the service received were about banks, up from ...

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