Staggering amount of UK banking scandals

Photo: Daily Telegraph

There are a staggering amount of high street banking scandals emerging from the UK this summer. Apparently one-fifth of people in the UK have lost their trust in banks.  [I would gladly move my money away from banks but the question is "where to"?] According to the Wall Street Journal, even the Bank of England failed to catch the massive manipulation of interest rates...or so we are told.
http://www.telegraph.co.uk/finance/personalfinance/consumertips/banking/9392460/Libor-scandal-and-NatWest-glitch-Fifth-have-lost-trust-in-their-bank.html
http://www.guardian.co.uk/business/2012/jul/17/libor-banker-mervyn-king-governor
http://online.wsj.com/article/SB10001424052702303933704577532380669844866.html

According to the Winnipeg Free Press, the scandal over the manipulation of Libor has the potential to become one of the most costly and consequential in the history of banking. If the financial institutions involved want to prevent it from overwhelming their businesses and damaging the broader economy, they’ll have to act fast. Investigators in the United States, Canada, Europe and Asia are piecing together a breathtaking portrait of avarice and deceit. To hide their institutions’ problems during the financial crisis, or often to boost their traders’ profits, bankers knowingly submitted false data for the calculation of the London Interbank Offered Rate, a benchmark interest rate that influences the value of hundreds of trillions of dollars in financial contracts around the world, including floating-rate mortgages, corporate loans and interest-rate swaps.