40% Overdrafts

The FCA have fucked up, in order to treat all customers fairly they have instructed that they don’t discriminate between agreed and non-agreed overdrafts. FFS!  Guess what they’ve chosen to do 😫. Here are some notes and links.

Read more

Banking Regulation Reform

I was pushed to look at some of the Banking Regulation reform performed by the last government. My focus was to look at the Vickers aka Independent Commission on Banking and the legislative response. The key proposal is practical measures to protect domestic savings from foreign risk by de-merging or separating the retail and investment…

Read more