[rutthenut]

In the UK at least, I'd say we have ended up in a situation where banks found that their approach to 'selling financial services' vastly abused their customers and now they are having to pay massive sums in compensation, they need to fleece account holders in some other way to meet their income and profit targets.

Long-gone are the times when high street banks were based on loaning out the deposits from savings accounts. Building Societies do/did this, but of course the banks bought up most of those too in their spending sprees of M&A to become 'bigger and better'. Well, bigger anyway