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Bank Profits Rose by 79% in Q1

Bank Profits Rose by 79% in Q1

Community bank profits also increased by $4.3 billion
Junk Fees are Causing Consumers to Switch Banks

Junk Fees are Causing Consumers to Switch Banks

Proposed rule to ban junk fees aims to remedy widespread concerns
CFPB plans to curb overdraft fees

CFPB plans to curb overdraft fees

The new rules could save consumers over $3.5 billion in fees per year
Banking Exchange Hosts Online Discussion This Thursday on Banking & AI

Banking Exchange Hosts Online Discussion This Thursday on Banking & AI

This Thursday January 18 at 1:00 pm ET Banking-Exchange will host a live webinar with Soups Ranjan
ABA Criticizes Proposed Cut to Debit Card Fees

ABA Criticizes Proposed Cut to Debit Card Fees

President and CEO Rob Nichols said proposed rules threaten affordable deposit account products
Credit Card Debt Numbers Rising According to Bankrate

Credit Card Debt Numbers Rising According to Bankrate

Almost 50% of all credit card holders are carrying credit card debt
U.S. Treasury Outflow a Strong Sign of Investor Confidence

U.S. Treasury Outflow a Strong Sign of Investor Confidence

Investors are starting to jump into the stock market again
Treasury Yields Retreat This Week as Fed Halts Interest Rate Hikes

Treasury Yields Retreat This Week as Fed Halts Interest Rate Hikes

Unemployment is expected to stay around 3.8% and payrolls have continued to increase
Bank of America Report Finds Wealthy Most Pessimistic While GDP Rises 4.9%

Bank of America Report Finds Wealthy Most Pessimistic While GDP Rises 4.9%

Consumer spending, government spending and residential investments were the catalysts for growth
Jamie Dimon

JP Morgan’s Profit and What It Means for Banks

JP Morgan reported $13.15 billion in profit last week
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