Biden directed regulators to find ways to limit bank mergers.
AP Photo/Andrew Harnik
A handful of banks now dominate the US financial sector. This consolidation has resulted in higher costs for consumers and small businesses and put the economy at greater risk of a financial crisis.
The big four banks have all dropped their ATM fees.
ATM fees were already under pressure from new technologies. The question is, what will banks do to replace that revenue?
Withdrawing cash from an ATM can cost you if you’re not careful.
Global travelers are being increasingly asked if they want to pay for local purchases in terms of their home country currency. Here’s why you should resist the strong temptation to do so.
Former ANZ customer Julian Saliba (left) and Maurice Blackburn national head of class actions Andrew Watson speak to the media in Melbourne yesterday.
The High Court found late credit card payment fees were not extravagant, but the experts disagreed on the actual cost to the bank.
The ANZ bank fee class action has opened the door to target other companies charging excessive fees.
A bank charges customers A$35 every time customers fail to make the monthly payment on their credit card by the due date. An airline charges $10 or more for printing boarding passes if passengers forget…