The era of free checking accounts is coming to an end. Many consumers will face an extra $144 a year in account fees, plus higher dues for their debit cars, and increased ATM charges, too. It’s all part of a banking industry ba…
President Barack Obama said he will order an overhaul of U.S. business regulations in a bid to cut unnecessary red tape and improve consumer protection.
In an opinion piece in today’sWall Street Journal, Obama said the overhaul will address issues su…
Facebook and many other tech startups have realized that the hassles and headaches of an IPO in the U.S. aren’t always worthwhile. Thanks to willing venture capitalists and private investors, it’s easier than ever for tech comp…
With the recession over — in a sense, anyway — many CEOs are happy to be standing. And after three tumultuous years, some are even cautiously optimistic. But 2011 is sure to present a whole new set of obstacles for corporate …
Five U.K. banks may have to pay hundreds of millions of pounds in a levy that aims to charge them for the risks they pose to the country’s economy.
The planned bank levy will raise a total of 2.5 billion pounds ($3.59 billion) a year from 2012 onwards, The Wall Street Journal said.
The levy has two goals, according to Financial Secretary to the Treasury, Mark Hoban.
“First, ensuring…
Continue reading U.K. Banks Face Government Levy
U.K. Banks Face Government Levy originally appeared on DailyFinance on Thu, 09 Dec 2010 09:02:00.
Filed Under: Company News, Taxes, Credit