Post Tagged with: "SNL Financial"

Bank of America Admits Its Online Banking System Can Err in Charging Fees

Bank of America Admits Its Online Banking System Can Err in Charging Fees

by June 1, 2015 at 5:49 pm 0 comments

With the renewed focus on fee income now that federal regulators are for the first time tallying the revenue stream, it was particularly interesting to note the tacit admission on Friday that its online banking platform errs on occasion in charging fees. On Friday, BofA, the nation’s second-largest bank, quietly andRead More