What Is the Basel III Endgame, and Why Are Banks So Upset About It?
Posted inBanking and Financial Institutions Basel Committee on Banking Supervision Federal Deposit Insurance Corp Federal Reserve System Lobbying and Lobbyists Mortgages National Community Reinvestment Coalition Office of the Comptroller of the Currency Pensions and Retirement Plans Regulation and Deregulation of Industry

What Is the Basel III Endgame, and Why Are Banks So Upset About It?

Federal regulators want to raise capital requirements for big banks. Their plan is drawing criticism from groups that aren’t normally aligned with the industry.
Bank of America Fined $150 Million Over ‘Junk Fees’
Posted inBank of America Corporation Banking and Financial Institutions Consumer Financial Protection Bureau Consumer Protection Credit Cards Customer Relations Fines (Penalties) Office of the Comptroller of the Currency Regulation and Deregulation of Industry

Bank of America Fined $150 Million Over ‘Junk Fees’

The bank double-charged overdraft fees, withheld card perks and opened unauthorized accounts, regulators said. It will repay customers more than $80 million.