Banks eye higher fees to boost declining revenue

Goldman Sachs to pay $A621m over fraud
Goldman Sachs has agreed to pay $US550m to settle civil fraud charges that accused them of misleading buyers

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Banks eye higher fees to boost declining revenue
Big banks facing big drops in revenue are looking to Main Street to make up the difference. Checking accounts, bank statements, even popping into your local bank branch could carry a hefty cost as the nation's mega-banks scramble to offset expected damage from the sweeping financial overhaul.

Read more on AP via Yahoo! Finance

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One Response to “Banks eye higher fees to boost declining revenue”

  1. Lamar R says:

    That is nothing but a scam and you should not fall for it. If in doubt take it to your local bank and have them explain it to you.

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