I done the same last November, and I had been a loyal customer since 1972, my hard earned is with a building society, the lesser of two evils.One would hope so, but the devil looks after his own (and the SFO have a seriously crap record of success.)
Could Barclays’ banking license be suspended as a result of the latest fraud charges?
Governments are scared of banks, to the extent that they pumped taxpayers' money into them to keep them afloat during the crash and then allowed them to continue paying their execs and 'high-flyers' massive bonuses. However, Barclays decided to go their own way and arrange a corrupt loan. Anyone who says that Barclays are no worse than any other British bank could not be more wrong. This lot are the poster boys for corrupt banking practice. Libor, exchange rates, PPI - it goes on and on. They have strayed a very long way indeed from their Quaker roots.
I am no moralist, but so rotten did I perceive them to be, that I kicked them into touch a few years ago after being a customer for about forty years.