Many say that banks are creators of wealth, take risks and are there to help people with their loans. Nothing more false. Banks do not create wealth of any kind. Banks are only entities that recycle surplus value (surplus labor) generated by the working class and that is deposited as profit (by the bourgeois) and as a salary for the proletariat. The banks do not "create" anything, they only administer the money of others, making these capitals look like their own. The "generous" loans they offer, come from the same money that people deposit, that is, the work poured into monetary value, which is used to lend it to their own creators, not without recharging an interest (usury) and not before being made pray. Not content with that, the banks tend to have classist (sometimes racist) policies that customarily deny the loans required by the working class to undertake small mercantile activities, even though this class is the one that produces all the capital that handles the Bank.
What do banks live on? Of mere speculation. Yes, the banks do not produce, they are an immense amount of unproductive work that brings out fabulous resources from the productive sphere and allocate it to entirely speculative activities.The banks take their money and place it in money tables, shady deals and endless irresponsible movements, which push them into bankruptcy and allow the retirement, pensions and savings of millions of workers to be drained at a stroke. Banks do not risk anything of their own. They only use other people's money, for agiotist practices; and when the bank melts, senior managers go into golden exiles. Nobody responds There are thousands of examples, in crises (1929, 2008 ) thousands of banks and financial institutions go bankrupt and the State has to leave with "rescue plans" to use the money produced by millions of workers and peasants (and the bourgeois state via tax) to award it to corrupt bankers.