Junk Fees are Causing Consumers to Switch Banks
Proposed rule to ban junk fees aims to remedy widespread concerns
CFPB plans to curb overdraft fees
The new rules could save consumers over $3.5 billion in fees per year
Banking Exchange Hosts Online Discussion This Thursday on Banking & AI
This Thursday January 18 at 1:00 pm ET Banking-Exchange will host a live webinar with Soups Ranjan
ABA Criticizes Proposed Cut to Debit Card Fees
President and CEO Rob Nichols said proposed rules threaten affordable deposit account products
Credit Card Debt Numbers Rising According to Bankrate
Almost 50% of all credit card holders are carrying credit card debt
U.S. Treasury Outflow a Strong Sign of Investor Confidence
Investors are starting to jump into the stock market again
Treasury Yields Retreat This Week as Fed Halts Interest Rate Hikes
Unemployment is expected to stay around 3.8% and payrolls have continued to increase
Bank of America Report Finds Wealthy Most Pessimistic While GDP Rises 4.9%
Consumer spending, government spending and residential investments were the catalysts for growth
JP Morgan’s Profit and What It Means for Banks
JP Morgan reported $13.15 billion in profit last week
Big Banks Report Earnings Friday
Revenue and margins are both expected to decline throughout the banking sector
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