The Banking Revolution Could Finally Dethrone Barclays PLC, HSBC Holdings plc, Lloyds Banking Group PLC & Royal Bank of Scotland Group plc

By – Friday, 21 November, 2014
Given the bashing they got after the financial crisis, it’s amazing the banks survived at all. Even former Bank of England governor Mervyn King was surprised people weren’t angrier at their behaviour.

Barclays (LSE: BARC), HSBC Holdings (LSE: HSBA), Lloyds Banking Group (LSE: LLOY) and Royal Bank of Scotland Group (LSE: RBS) escaped the guillotine that time, but they may be heading for the chopping block now.

There’s a revolution going on in the banking sector, and this time the ancient regime could be doomed.

Fine Time

Top dividend investor Neil Woodford saw it coming, and made good his escape. His concern was “fine inflation”, as regulators court favour with the mob by slapping ever harsher penalties on our banking overlords.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: