Stamps and payday loans? Postal Service considers new offerings

THE PERPETUALLY-STRUGGLING U.S. Postal Service has bankers in a tizzy after floating a plan to branch into what it called 'non-bank financial services' — that somehow sound a lot like what lenders do. FLASHBACK: Unions threaten protests, boycotts over Postal Service's Staples outlets VIDEO: Would you do your banking at …

Read More »

Royal Mail privatisation row reignites – Financial Times

Royal Mail privatisation row reignitesFinancial TimesRoyal Mail Group Ltd. Distribution Center Ahead Of Possible IPO ©Bloomberg. A range of investment banks valued Royal Mail last spring at up to £1.5bn more than it was eventually sold for, according to data obtained under a freedom of information request. More: continued here

Read More »