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Bank of America

As big banks lower overdraft fees, smaller banks mull their options

by Justin Ho
Jan 12, 2022
Community banks don’t have the same scale as national banks — but they still have to compete and find ways to make up the lost revenue.
While larger banks, like Bank of America, are reducing overdraft fees, smaller banks have fewer options to make up for lost revenue while remaining competitive.
Nicholas Kamm/AFP via Getty Images
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COVID-19

More optimistic about the recovery, big banks trim the reserves they set aside to cover bad loans

by Justin Ho
Oct 14, 2020
But if we're in for a double-dip recession, they'll need to set aside billions more than they currently have on hand.
Big banks, like JPMorgan Chase, are feeling more confident about the economic recovery after solid third quarter earnings.
Spencer Platt/Getty Images
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Big companies are raising wages as competition heats up

by Mitchell Hartman
Apr 9, 2019
Finding and retaining workers can be a challenge.
The competition for workers is getting fierce. 
YinYang/Getty Images
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Bank earnings are way, waaay up. Here’s why.

by Erika Beras
Oct 16, 2018
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. 
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Bank earnings are way, waaay up. Here’s why.

by Erika Beras
Oct 16, 2018
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. 
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Divided Decade

When did you realize we were in a financial crisis?

by Danielle Chiriguayo , Amy Scott , Nancy Marshall-Genzer , Betsy Streisand and Mitchell Hartman
Sep 20, 2018
Marketplace veterans take a look back at some personal pivotal moments.
News tickers at the Nasdaq MarketSite show negative numbers October 9, 2008 in New York City.
Mario Tama/Getty Images
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Divided Decade

Following the money: What happened to a nearly $17 billion bank settlement?

by Tracey Samuelson
Sep 19, 2018
We break down how a fine is distributed.
A flag flies outside the Bank of America Corporate Center June 30, 2005 in downtown Charlotte, North Carolina.
Davis Turner/Getty Images
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Invest in marketplace

No such thing as free checking?

by Nancy Marshall-Genzer
Jan 23, 2018
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?
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Does Trump-like Julius Caesar cross artistic lines? Sponsors say yes

by Jana Kasperkevic and Adriene Hill
Jun 12, 2017
Beware the ides of March.
The Death Of Caesar
Edward Gooch/Getty Image
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For banks, there’s a delayed benefit to rising rates

by Marielle Segarra
Jan 13, 2017
Big bank earnings show they have a ways to go.
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