Friday, April 25, 2008

UK court allows regulator to challenge banks' overdraft fees

(LONDON) Royal Bank of Scotland Group plc, HSBC Holdings plc and six other UK banks lost the first part of a lawsuit brought by an antitrust regulator challenging lenders' policy of charging customers who exceed overdraft limits.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,276536,00.html?

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