Sunday 18 November 2007

Lloyds TSB In Trouble For Changed Charges???

Lloyds TSB could receive a slap on the wrist from the FSA for changing its bank charges, although it will not receive a fine or have to reverse its decision.

Lloyds TSB has to explain why it has introduced account charges for 11 million customers. The bank claims that the majority of customers are better off under the new scheme, but it is the minority that are worse off that has caused the concern.

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