Tag:
Reg E
Latest Headlines
Latest Headlines
Overdraft protection still a big regulatory issue
A lot of people were expecting a massive revenue hit to consumer banks from the reform effort aimed at overdraft charges.
Durbin raps Bank of America on fees--again
Bank of America finds itself jammed into an unenviable position between two hard rocks and an angry politician.
Bank of America confronts fee reality
The revenue drought that U.S. banks are suffering through has been nothing short of stunning.The top commercial banks, investment banks and hybrids are all shrinking, and the sad reality is that a powerful revenue driver isn't looming on the horizon.
Banks should fear the inquiry into overdraft charges
The Consumer Financial Protection Bureau said recently it plans to look at overdraft fees beyond ATM transactions and debit cards.
Study estimates lost revenue due to Reg E
A former Fed economist turned academic has estimated the banking industry’s lost revenue due to Reg E at between $3.8 to $5.3 billion annually. Recall that the Electronic Funds Transfer Act...
