trending Market Intelligence /marketintelligence/en/news-insights/trending/-WVxkruqNYqLCFB2OZEmqw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Banco de Chile to pay out $30M in consumer settlement

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory


Banco de Chile to pay out $30M in consumer settlement

Banco de Chile agreed to pay compensation exceeding $30 million after settling a class-action lawsuit over alleged abusive charges by the bank, national consumer service agency Sernac said.

Customers collectively sued Banco de Chile, alleging that it charged undue fees related to a "covenant overdraft line" product.

Under Sernac's conciliatory agreement with the bank, 140,630 customers will receive amounts ranging from about 3,000 Chilean pesos to 2.5 million pesos.

Banco de Chile eliminated the product in 2016, as had been demanded by Sernac in the lawsuit. The bank was also made to pay a fine worth about 2.38 million pesos.

As of June 14, US$1 was equivalent to 634.33 Chilean pesos.