Brexit has allowed the banks to get off Britain's naughty step

The City rigged markets, laundered money and mis-sold products, but has diverted attention by threatening to leave London

It is almost a decade since the financial crisis and barely a day has gone by without banks being in the headlines, invariably for the wrong reasons.

Only last week, RBS - 73% owned by the state since its bail out in 2008 - announced it was taking a 3.1bn hit as a result of a case brought by the US Department of Justice over the way the bank packaged and sold mortgages during the great housing bubble that preceded the crash.

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