Damn Banks

Why They're Rich & You're Not

Andrew Spence

$32.99

Paperback

Forthcoming
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English

The Sutherland House Inc.
02 January 2025

Political economy; Financial crises & disasters; Finance; Banking; Investment & securities

Infuriating customer service.

Chequing accounts that demand exorbitant fees.

Credit cards that charge outrageous rates of interest.

Mutual fund 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 expose 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.

By: Andrew Spence
Imprint: The Sutherland House Inc.
Country of Publication: Canada
Dimensions: Height: 215mm, Width: 139mm,
ISBN: 9781990823992
ISBN 10: 1990823998
Pages: 100
Publication Date: 02 January 2025
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Forthcoming

Andrew Spence is an independent financial consultant and economist. Andrew has extensive experience in banking from time spent in Canadian and global banks. He was also an investment executive at two of Canada’s largest pension plans and was Special Adviser to the Governor of the Bank of Canada.