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Banks waive fees for Harvey-hit customers

Bloomberg JPMorgan Chase & Co., Wells Fargo & Co. and Comerica Inc. are among banks waiving ATM fees for Houston-area customers following flooding from Hurricane Harvey. JPMorgan will also forgo collecting late fees for mortgage, credit card, business banking and auto loans, and will temporarily suspend monthly service and overdraft charges on deposit accounts, the firm said. Wells Fargo also ...

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Ghana banks on IMF backing for growth

Bloomberg Ghana’s President Nana Akufo-Addo is banking on good news from the International Monetary Fund after his predecessor derailed an economic recovery plan through overspending. As the nation awaits the outcome of a review from the Washington-based lender, which may come as soon as Wednesday, on reforms since Ghana entered a $918 million credit programme with the lender in 2015, ...

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Euro rises above $1.20 for first time in two years

Bloomberg The euro advanced to its strongest level in more than two years, hours after North Korea fired a ballistic missile over Japan. Core European bonds rallied as risk-off sentiment spread across the globe. Europe’s common currency gained for a third day even as South Korean President Moon Jae-in ordered a show of force in response, which traders said highlighted ...

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