A bank accused of charging multiple fees over the same bounced payment is not off the hook after refunding one of its customers, according to a judicial ruling that has implications for the broader ...

Banks push back as CBK’s proposed revenue-based licence fees could cost them billions, sparking a call for a profit-based alternative.

Overdraft fees average about $27 per transaction according to Bankrate’s 2025 checking account survey, but many major banks have eliminated or reduced these charges. Capital One, Citibank, and Ally ...

Bank of America reported strong 3Q24 results, driven by higher investment banking fees and trading revenues, despite increased loan losses affecting its credit profile. The bank's net interest income ...

LONDON (Reuters) - Britain's hopes of an equity capital market revival are weighing heavily on a secondary share trading platform that is sowing discord in the finance sector months before its launch.

The Consumer Financial Protection Bureau announced a rule today that will require banks and credit unions with more than $10 billion in assets to cap their overdraft fees. The new limit, with some ...

In a major win for the banking industry, Congress has overturned a Consumer Financial Protection (CFPB) rule that would have limited overdraft fees to $5 at the nation’s largest banks and credit ...

A sharp $245 jump in a major U.S. bank's premium card fee has become a breaking point for many borrowers who once treated high-end plastic as a status symbol. Instead of quietly absorbing the increase ...

NEW YORK--(BUSINESS WIRE)--Consumers with Safe Harbor IRAs could unknowingly lose substantial portions - or even the entirety - of their retirement savings due to obscure hidden fees and poor returns, ...

The bank claims it will waive the $35 overdraft fee if the account is brought to a positive balance by 11 p.m. the next business day. However, in a lawsuit filed Thursday, the plaintiff alleged that ...

Service and penalty fees are a huge revenue source for banks. Oftentimes, these fees are erroneously charged or automatically charged and lack explicit notification, often going undetected for months ...