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28 Oct 2011 08:35

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Biz: Not every financial outlet trying Bank of America’s debit card fees

  • cause Last month, Bank of America decided that it would start charging monthly for the use of debit cards. Some companies (including SunTrust and Regions) followed suit. Consumers freaked out and totally got up on arms.
  • reaction With some time and distance away from the original decision, a number of large banks have chosen not to follow suit — among them J.P. Morgan Chase, which tested them for months and found that they weren’t working. source

14 Oct 2009 10:13

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Biz: JPMorgan Chase has more money sitting around than you do

  • $3.6 billion in third-quarter profits for the financial-services company
  • $28.8 billion in revenue – seems like they weathered the recession fine source