Quote:
Originally Posted by entwisi
Barclays has a large prescence worldwide and is driving the increase in Banking in places in Africa and India bringing bank accounts to millions of people who have never had access to such services.
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Very noble I'm sure, and nothing at all to do with an interest in securing profits.
Barclays was the only major bank active in South Africa under apartheid, even though most international finacial insititutions decided not to operate there, and followed internationally imposed sanctions.
It's nice Barclays is helping those poor Africans open a bank account.
Here's an example of them helping a nice Mr. Mugabe of Zimbabwe.
Barclays' millions help to prop up Mugabe regime | Money | The Observer
Banks and other finacial insitutions are primarily concerned with profits, first and foremost.
Morals come way down the bottom of their checklist.