This week the Commons Treasury select committee gave bank bosses a hostile grilling for putting up mortgage prices due to higher interest rates while failing to pass on the benefit to savers.
Figures compiled for the Evening Standard show those same bosses will, starting with Barclays on Wednesday, reveal profits for 2022 that beat those made in 2007 before the financial crash that saw the Government forced to bail out the banking sector.
AJ Bell estimates that Barclays profits for 2022 will top £7 billion as will those of Lloyds. HSBC will make more than £14 billion, NatWest well above £5 billion and Standard Chartered £4 billion.
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