Monday 5 December 2016

Prospect of thousands switching will put manners on the banks

Published 12/05/2015 | 02:30

How do you get banks to do what you want them to do?
How do you get banks to do what you want them to do?

How do you get banks to do what you want them to do? We now know that the answer to that question is not to provide billions of euro of taxpayers' money to bail them out to stop them from going bust.

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We also know that the answer is not about allowing the pensions of the bank to be kept pretty much intact, as happened with AIB when it was allowed to use some of the bank's loans to prop up the pension fund.

And we know that you won't get the banks onside when regulators and legislators turn a blind eye to them gouging customers.

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