Liverpool need to target Maddison – Carragher

first_imgLeicester’s midfield marvel James Maddison is the man to take Liverpool to the next level, Jamie Carragher believes.The talented playmaker continues to catch the eye for the Foxes and created 100 chances last season, more than any other player in the Premier League.Maddison has started where he left off this term, whipping in the corner for Wilfred Ndidi to head home in Sunday’s 1-1 draw with Chelsea at Stamford Bridge. Article continues below Editors’ Picks What is Manchester United’s ownership situation and how would Kevin Glazer’s sale of shares affect the club? Ox-rated! Dream night in Genk for Liverpool ace after injury nightmare Messi a man for all Champions League seasons – but will this really be Barcelona’s? Are Chelsea this season’s Ajax? Super-subs Batshuayi & Pulisic show Blues can dare to dream Reds legend Carragher insists Maddison is the player Liverpool should look at to bolster their midfield ranks.“I think he is the one player outside of the top six who Liverpool should be looking at,” he said on Sky Sports’ Monday Night Football.“People have been talking about Coutinho coming back, but obviously that hasn’t happened as he’s gone to Bayern Munich, but if you’re looking in the Premier League, yes he will cost a lot of money, but he should be the one Liverpool are looking at if you’re going to that next step up.”Fellow pundit Gary Neville is another big fan of the attacking midfielder and even went as far as comparing him to two Premier League greats.“I think he’s outstanding,” he added. “No 10s aren’t as fashionable nowadays, it’s more about wide strikers who score the goals.“It used to be about the [Gianfranco] Zolas and [Eric] Cantonas, and he is a genuine creative player who will go on to play for England and be involved in the European Championship. I think he is fantastic.”The 22-year-old started his career at hometown club Coventry City before moving to Norwich in 2016.Maddison spent two seasons at Carrow Road, netting 16 goals in 53 matches in the Championship while also spending a spell on loan at Aberdeen.Having lit up the second tier, Maddison sealed a switch to Leicester and took to the Premier League with ease. Subscribe to Goal’s Liverpool Correspondent Neil Jones’ weekly email bringing you the best Liverpool FC writing from around the weblast_img read more

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Citi to refund 700 million to customers pay 70 million in fines

FILE – In this Jan. 15, 2015 photo, a Citibank sign hangs above a branch office in New York. The Consumer Financial Protection Bureau on Tuesday, July 21, 2015 said that Citi will have to issue refunds to 8.8 million affected consumers who paid for credit card add-on products and services, like credit score monitoring or “rush” processing of payments. (AP Photo/Mark Lennihan, File) NEW YORK, N.Y. – Nine million credit card customers will receive refund checks from Citigroup after U.S. regulators forced the bank to repay $700 million and fined it $70 million for illegal and deceptive practices.The order, coming from the Consumer Financial Protection Bureau, is the latest multimillion dollar settlement against the largest credit card issuers for their role in selling “add-on” products to customers, such as credit score monitoring or “rush” processing of payments. Bank of America reached a similar, slightly larger settlement with regulators in 2014 and JPMorgan Chase was fined in 2013.Under an agreement announced Tuesday with the CFPB, Citi will issue refunds to 8.8 million affected consumers who paid for these types of add-on products, and will pay two separate $35 million fines to the CFPB and to the federal bank regulator the Office of the Comptroller of the Currency.The settlement comes on the five-year anniversary of the creation of the CFPB, which came into existence through the passage of the Dodd-Frank law that overhauled the financial industry following the 2008 financial crisis.“We continue to uncover illegal credit card add-on practices that are costing unknowing consumers millions of dollars,” CFPB Director Richard Cordray said in a statement. “This is the tenth action we’ve taken against companies in this space for deceiving consumers.”Some of the illegal activity by Citi goes back to as early as 2000, the CFPB said, and ended in 2013, and covers a range of products sold by Citi and third-party affiliates.In one allegation, Citi telemarketers were said to have sold consumers identity theft protection services with a 30-day “free” trial, when no such free trial existed; or signed up consumers for an add-on service when it was ambiguous whether the consumer actually said they wanted it. In another situation, Citi sold credit monitoring services when Citi wasn’t performing such services at all, or were not actively monitoring a consumer’s credit file with credit reporting bureaus.Citi also allegedly misrepresented its customers by charging a $14.95 “expedited” payment fee to customers who made over-the-phone payments and did not tell consumers about no-fee options.Credit card add-on services were a lucrative source of revenue for banks for several years, sold to consumers as ways to protect their credit scores or identities or protect them if they lost their jobs. Banks’ marketing of such services largely ended after increased regulatory scrutiny.“Add-on services, for the most part, provide no benefit to consumers and people should be very careful to sign up for them,” said Nick Bourke, an expert at the Pew Charitable Trusts specializing in consumer lending issues.While credit card companies have largely ended the practice, Bourke and other consumer financial advocates say they are still sold by some high-cost installment loan providers or payday lenders.In a statement, Citi said it stopped the practices and has been issuing statement credits since 2013 to the affected customers. For the customer who no longer has an account at Citi, a check will be mailed.Citi has already set aside the money to pay for the settlement, a spokeswoman said.Citigroup shares rose 25 cents to close at $59.10, despite a broad market decline. by Ken Sweet, The Associated Press Posted Jul 21, 2015 9:13 am MDT Last Updated Jul 21, 2015 at 4:20 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Citi to refund $700 million to customers, pay $70 million in fines, for illegal card practices read more

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