THERE was a time when most of us didn’t have a clue how banks worked.

However, since the global banking community went into meltdown in 2007-8, the media has been obsessed with toxic loans, ponzi schemes and the like.

One problem was blind faith – investors gave their finances to so-called experts who they believed could make enormous amounts of cash with their money, but it turned out some so-called money gurus didn’t know any more than anyone else.

When the global economy started collapsing like a house of cards in a light breeze, governments worldwide had to step in.

New series Bankers features bosses, regulators and politicians giving firsthand accounts of how the balance of power may have started to shift away from bankers, with the UK’s government doing more to control their practices than ever.

It kicks off with an insight into the Libor interest-rate fixing scandal that rocked the industry last year.