Banking crackdown unsettles investors in FTSE

A crackdown on banks overcharging customers for late repayments on their credit cards unsettled investors in London today.

Banking crackdown unsettles investors in FTSE
Wed, 05 Apr, 2006 - 12:26

A crackdown on banks overcharging customers for late repayments on their credit cards unsettled investors in London today.

The banking sector was mired in the red after the Office of Fair Trading (OFT) viewed any penalty charge imposed by banks of more than £12 as unfair.

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