Reuters: Company News: UK watchdog shakes-up "dysfunctional" bank overdraft market

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UK watchdog shakes-up "dysfunctional" bank overdraft market Jun 7th 2019, 06:15 Britain's banks and building societies will have to charge the same amount for all overdrafts from April 2020, the Financial Conduct Authority said on Friday in what it called the most radical change of its kind in a generation.

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