Reuters: Company News: UPDATE 1-UK watchdog shakes up 'dysfunctional' bank overdraft market

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UPDATE 1-UK watchdog shakes up 'dysfunctional' bank overdraft market Jun 7th 2019, 06:38 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.

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