After the scandals over the crooked and criminal manipulation of the Libor rate, the Spiv miss-selling of insurances and a protection racket on bank charges, criminal mismanagement and account distortion and a host of other malfeasances, misdoings and plain criminal acts in the pipeline or yet to be found, we already know that banks are as crooked as an Alpine road. Their greed and scandalous corruption almost destroyed the world's economy in 2008. So why is anyone surprised that they are up to their eyes in criminal tax evasion?
If this were any other sector of business, governments around the world would have closed it down by now and thrown its directors and managers in prison. Yet despite the depth of the bent rackets run by the banks, hardly a single banker has been jailed - only little countries such as Austria have jailed their bent bankers. In the UK they get knighthoods.
If any other evidence is needed of the criminal collusion between the global corporates, the banks and the political class I can't think of it. There is no probity or rectitude remaining in banking, big business or government. The whole kit and caboodle is fit only for the dumpster.