Consumers United against Ruthless Bankers
(Curb - anything that restrains or controls; a restraint; check).
Banks have been found to be involved in the following:-
• Money Laundering
• Tax evasion
• Aggressive sales (PPI)
• Extortionate charges
• Disproportionate Bonuses
The government has not “rained in” these bankers even though it promised to do so.
Why not do it ourselves, choose the worst offender of the above and boycott them; It worked with a certain coffee shop and their payment of taxes.
If enough people do it, they will be brought to their knees and other banks will have to mend their ways or suffer the same fate.
Choosing the (partial) state owned banks would not make sense as we would not get the taxpayers money back so we could choose these banks to move to Thus making them profitable enough to return the taxpayers investment.
The switching system is much improved now so it would be fairly easy to do.
We could send a letter to the bank to say: -
Dear unscrupulous banker
You will notice that my account has been closed and moved to another bank. I have, for a long time, considered that money laundering, tax evasion, aggressive sales techniques (i.e. PPI miss-selling) and (let’s not forget) your extortionate charges and bonuses (regardless of their legality) are immoral and unethical. I will, therefore, no longer do business with you until your bank changes its ways.
I may also choose not to do business with organisations which bank with you, hopefully they (in turn) will also refuse to do business with you.
A member of CURB (Consumers United against Ruthless Bankers)
We could also send a letter to our local MP’s stating: -
The government has failed to adhere to its manifesto in resolving the ruthless actions of bankers. Instead allowing them launder monies in other countries, evade (and assist others to evade) taxation, aggressively “sell” (PPI and other similar products), apply extortionate charges (on those who can least afford it) and grant their bosses rich rewards.
Therefore, as a united body the “Consumers United against Ruthless Bankers” (CURB) has chosen to boycott such banks and deny this or any other government the opportunity to “prop up” such organisations who choose not to mend their ways
A Member of CURB
and CURB could be part of the consumer action group