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Archive for March, 2008

HSBC claims bank charges are “valid and enforceable”

Although the case is still in its early stages, HSBC believes it may have to repay fees worth more than £300 million to customers who have incurred unauthorised overdraft penalties.
Its annual report for 2007 says that: “The proceedings remain at a very early stage and may, if appeals on the preliminary issues (or, subsequently, on […]