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Fleeced
Andrew Spence
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Sachbuch / Gesellschaft
Beschreibung
Infuriating customer service.
Chequing accounts that demand exorbitant fees.
Credit cards that charge outrageous rates of interest.
Mutual funds expenses that torpedo your investments.
Loans departments that refuse to support Canada’s small businesses.
These are just a few of the many ways chartered banks abuse their dominant position in the Canadian financial system. Fleeced: Canadians Versus Their Banks is a stunning exposé of the inner workings of our six major banks, demonstrating how they are set up to avoid competing with one another, squeeze their customers, evade risk, stifle innovation, and produce staggering profits that enrich bank executives and shareholders—all to the detriment of the broader Canadian economy.
With clarity and wit, Andrew Spence, a veteran financial services executive, excoriates not only the banks, but the regulators and politicians who refuse to stand up for consumers and initiate urgently needed reforms of Canada’s costly banking system.
Kundenbewertungen
Canada financial inequality, economist, insider banking, financial reform, financial system, bank reform, chartered bank, bank fees in Canada, small business loans, shareholder profits, banking sector, analysis, consumer rights, dividends, banking industry critique, financial policy, consumer advocacy, oligopoly, bank interest rates, banking policy changes, banking monopoly, Canadian banking system, Canadian banks, economic inequality, Canada, finance strategies, banking competition, banking instability, economic stability, high bank fees, fiscal prudence, corruption, loan rates, bank profits, Canadian economy, advocacy, financial exploitation, banking fees, banking industry, small business, consumer finance, high interest rates