How to bank profits abroad

The media may have told you that the UK banking sector is profiting at your expense, but the truth is, the banks make most of their money outside Britain. And rather than losing out - you could be sharing in the wealth.

The media consensus is that the UK's banks are profiteering off the back of British consumers, says Jody Clarke. But the truth is, the banks are actually making most of their money outside Britain - here's how you can profit from the trend.

If the headlines gracing some British newspapers this week are anything to go by, the country's bankers should be heading for the hills. "The shame of the banks"; "How the banks take revenge"; and our personal favourite here at MoneyWeek, "Revealed: total cost of the great bank robbery £7.2bn".

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Jody Clarke

Jody studied at the University of Limerick and was a senior writer for MoneyWeek. Jody is experienced in interviewing, for example digging into the lives of an ex-M15 agent and quirky business owners who have made millions. Jody’s other areas of expertise include advice on funds, stocks and house prices.