Financial Times FT.com

MPs to question bank chiefs

By Jane Croft, Retail Banking Correspondent

Published: October 19 2004 12:09 | Last updated: October 19 2004 12:09

Three bank chief executives will be questioned on Tuesday on why the industry is failing to share credit card data that could stop customers racking up unmanageable debts.

All issuers divulge information about customers who default on payments, but only some share "positive" data about customers who pay on time.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this