Policy changes free overdraft facilities

Lloyds TSB is proposing to introduce or increase interest and fee-free amounts on planned overdrafts across its mainstream current accounts.
From 2nd October 2012, the bank will:

Interest rate unchanged, says at Board of the Bank of Japan

The Policy Board of the Bank of Japan has announced that it has decided to leave the country’s interest rate unchanged, at between 0% and 0.1%.

The decision, which was made unanimously, comes as the bank has indicated it will be paying particular attention to events in Europe.

Silicone Valley Bank branch soon to London!

Silicon Valley Bank, which describes itself as a financial partner to the technology, life science, cleantech, private equity and venture capital industries, opened a branch in London today, to serve both local and international businesses.