1. Bank of America to Start Charging Debit Card Fee
... regulation takes money from banks and gives it to retailers, but retailers have announced no plans to pass on the savings to customers (The Chicago Tribune). However, even Durbin disagrees with the bank's decision to maintain profits by charging customers. "Bank of America is trying to find new ways to pad its profits by sticking it to its customers," he said (The Chicago Tribune). The backlash from their most ... recent announcement about the debit card fee spans far and wide, showing up across the Web on message boards and social media, as well as on cable news channels. Gerri Willis ...
- Word Count: 395
- Approx Pages: 2
- Has Bibliography