UPDATE 1-UK watchdog shakes up ‘dysfunctional’ bank overdraft market
Britain’s banks and building
societies will have to charge the same amount for all overdrafts
from April 2020, the Financial Conduct Authority (FCA) said on
Friday, in a radical change that will raise questions about the
future of free in-credit banking.
societies will have to charge the same amount for all overdrafts
from April 2020, the Financial Conduct Authority (FCA) said on
Friday, in a radical change that will raise questions about the
future of free in-credit banking.
Posted in: http://feeds.reuters.com/reuters/UKBankingFinancial