RBC Royal Bank to refund $9.2 million over banking fee billing ...
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TORONTO (CP) - Royal Bank is refunding about $9.2 million to 152,000 customers who were charged a separate fee for a service that should have been included in their banking package fee.
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Sprint is canceling some fees it charges to cover its own costs and replacing them with other âregulatoryâ and âadministrativeâ fees. The money goes to Sprint, not the government.
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Bankrupt brokerage Refco Inc.   RFXCQ.PK and its customers and creditors may resolve   differences over the terms of a repayment plan as soon as   Friday, a person close to the matter said on Wednesday.
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Charging current account fees may be "fairer" than offering free banking, a leading industry figure says.
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Payment to resolve allegations pharmaceutical firm overcharged government for top drugs.
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Business & money: Sports chain to part-refund customers who were overcharged for replica football shirts
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The Royal Bank of Scotland, the British bank that is leading a takeover bid for ABN Amro Holding, said it expected lower bad-debt provisions for the first half of the year, indicating its earnings will beat analystsâ estimates. Royal Bank said profit in the first half would be âslightly aheadâ of that implied by the market median estimate for full-year earnings per share of 72.1 pence ($1.43). That compares with 66.7 pence in 2006. The earnings update did not include comment on the offer that Royal Bank and its consortium has made for ABN Amro. A group led by Royal Bank has bid 71.1 billion euros ($95.6 billion), or 38.40 euros ($51.59) per ABN Amro share, making its offer about 10 percent higher than one from Barclays, the British bank.
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The bank, Canadaâs fourth largest, cited turmoil in the credit markets for the charge and said it was replacing its chief risk officer and interim chief financial officer.
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Business & money: Defeat for banks could wipe out Â£3.5bn of income as RBS blames OFT for customers' complaints
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A council admits wrongly taking 9,500 payments from bank accounts following a "computer error".
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[Business India]: Mumbai, Dec 27 : The Reliance Industries Ltd (RIL) board today approved the scheme to buyback the company shares at a price of not exceeding Rs 570 per share, payable in cash, for an amount not exceeding Rs 2,999 crore.
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The IRS is holding $211,000 in tax refunds for 300 people in the Richmond area. The largest local check is for $15,094. The average is $704.
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The credit card and travel services company said Monday that net income was hurt by a charge to bolster reserves for bad loans.
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A Belfast car dealership which charged a customer for work it failed to carry out is fined Â£2,000.
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Death bars refund After a computer glitch allowed him to overdraft almost $9m from his bank account, an Australian man has refused to return the pilfered funds, arguing that he will soon be dead.â¦
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Business & money: Ill-judged comments saw deluge of customers reclaiming bank charges, says lawyer
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Last weekâs storm has cost the airline $10 million in refunds, $16 million in travel vouchers and $4 million in expenses like overtime.