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Thursday, April 26, 2007

Consumers don't trust Big Banks..especially Barclays.

Interesting article in Money Marketing. A survey of nearly 4000 consumers revealed 2/3rds of Barclays, HSBC, Halifax/Bank of Scotland, Lloyds TSB and Royal Bank of Scotland/NatWest customers do not trust them to sell the right products.

1 in 8 Customers claimed to have been missold a financial product.
1 in 5 Barclays customers said that money had gone astray from their accounts.

The survey was conducted by Motley Fool.

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