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Tesco Bank blames EU card-fee cap for decline in revenue

( January 14, 2016, 14:24 GMT | Official Statement) -- MLex Summary: The EU cap on card-transaction interchange fees cut revenue at Tesco’s banking arm by 5.2 percent during the six-week Christmas period, compared with a year earlier, the retailer said.The following is an excerpt from the statement. Click the attachment at bottom for the full document....

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