Bank overdraft fees: all you need to know about the changes

Why the FCA is stepping in to make bank OD fees simpler, fairer and cheaperA major shake-up of bank overdrafts is on the way after the UK’s financial regulator said the market was “dysfunctional” and “causing significant consumer harm”.What’s happening…

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City regulator bans high overdraft fees to reform ‘dysfunctional’ market

Vulnerable consumers are disproportionately hit by excessive charges, says FCAThe City regulator has accused UK banks of causing “significant harm” to their most vulnerable customers as it pushes ahead with a ban on excessive overdraft fees.The Financi…

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Goldman Sachs sued by gay ex-senior employee over discrimination claims

William Littleton claims he was discriminated against on the basis of his sexual orientation and subjected to homophobic retaliationBanking giant Goldman Sachs has been hit with a lawsuit over claims from a former senior employee that he was discrimina…

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Goldman Sachs sued by gay ex-senior employee over discrimination claims

William Littleton claims he was discriminated against on the basis of his sexual orientation and subjected to homophobic retaliationBanking giant Goldman Sachs has been hit with a lawsuit over claims from a former senior employee that he was discrimina…

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Reserve Bank interest rates: RBA cuts rates to historic low of 1.25% – live

The Reserve Bank has reduced the cash rate from 1.5% to 1.25% as expected. Follow the reaction live 7.32am BST NAB has also cut is rate by 0.25% 7.20am BST That’s about it for the blog. Thanks for reading on this momentous afternoon. Mortgage holders …

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Smoothing out banking irregularities has been a bumpy road | Kalyeena Makortoff and Gwyn Topham

Banking Competition Remedies parts way with director for conflict of interest – but it is not the firstA £775m fund meant to counter the effects of Royal Bank of Scotland’s crisis-era bailout stumbled again this week. For a programme intended to smooth…

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