New database against credit card issuers!

Details of complaints filed against credit card issuers will be made public for the first time beginning Tuesday morning when the federal consumer watchdog agency launches a new database.

Anyone with access to the Web will be able to go online and find out what credit card holders are complaining about and why. It's a move applauded by consumer groups that want transparency in banking, but met with trepidation by lenders, who say anyone with a beef -- legitimate or not -- can file baseless complaints that can potentially harm a bank's reputation.

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.