Wednesday, September 23, 2009

 

JPMorgan overhauls overdraft fees

JPMorgan Chase & Co said on Wednesday that it was eliminating some overdraft fees altogether and trimming others, after Bank of America Corp announced a similar move on Tuesday.

The changes follow U.S. congressional leaders' criticism of bank account fees and come as the banks digest rule changes for credit card fees...

Reuters: JPMorgan overhauls overdraft fees

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