Bank of America

Quarterly earnings reports out this week from the major banks including JPMorgan Chase, Goldman Sachs and Bank of America show very, very strong gains. Many companies are benefiting from the changed tax code, but banks are a special case. Click the audio player above to hear the full story. 

Quarterly earnings reports out this week from the major banks including JPMorgan Chase, Goldman Sachs and Bank of America show very, very strong gains. Many companies are benefiting from the changed tax code, but banks are a special case. Click the audio player above to hear the full story. 

Bank of America is eliminating free checking for customers who keep low balances. Free-checking accounts are getting harder to find. Instead, more banks are offering customers accounts with an upfront fee. How will these changes affect consumers who already have limited access to bank services?

Big bank earnings show they have a ways to go.