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Turkey reduces fees banks can charge commercial, financial clients

ISTANBUL (Reuters) – Turkey has reduced the range and the levels of fees and commissions that banks can charge clients, according to central bank and banking watchdog regulations announced on Monday. The measures will cut the various charges banks can charge f... More »

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Acting SEC chair plans test to lower exchange fees

File photo: Michael Piwowar speaks at the Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2016. REUTERS/Lucy Nicholson The acting head of the U.S. Securities and Exchange Commission has directed the regulator to launch a pilot pla... More »

WhatsApp drops $1 subscription, studies making businesses pay

MUNICH The world’s most popular messaging service, WhatsApp, is dropping its token $1 fee still levied on some users as it experiments with making businesses pay to reach their customers, Chief Executive Jan Koum said on Monday. In addition, the Facebook-owned... More »