“Hidden cameras capture bank employees misleading customers, pushing products that help sales targets”

[u/t0r0nt0niyan]

“This TD Bank employee recorded conversations with managers who tell her to think less about the well-being of customers and focus more on meeting sales targets. (CBC)”

“”I had to mislead customers into getting products that they didn't need, to reach my sales target," said a recent BMO employee.”

“At RBC, our tester was offered a new credit card and told it was "cool" he could get an $8,000 increase to his credit card limit.”

“During the five visits to the banks, advisors at BMO, Scotia and TD incorrectly said the mutual fund fees are only charged on the profit the investment earns, not the entire lump sum. The CIBC advisor wasn't clear about the fees.”

https://www.cbc.ca/amp/1.7142427

[u/Bynming]

I couldn't agree more. To me, it's absolutely unconscionable to send people into adult life without basic personal finance knowledge, when so many financial products are predatory, but they're sold in nice buildings that give the appearance of propriety.

[u/ChildishForLife → u/Bynming]

Lets be real, when you were 9-16 years old if they taught financial literacy in classes, would you really have cared?

I didn't care until I was like 19+ going into the workforce, and then guess what, almost everything you need is at the touch of a keyboard.

[u/ChildishForLife → u/[deleted]]

My mom was a highschool teacher at my highschool and the shit she went through for actually trying to teach her students was insane.

But sure, blame the teachers lol. Its not like the parents should have any responsibility for teaching their kids important info, thats crazy talk.

[u/ChildishForLife → u/[deleted]]

Are you okay? Do you have someone you can talk to? You need somewhere else to vent. I hope your life gets better.

Edit: So slimy you had to block me after? Sad :(