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

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

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

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

Big companies are raising wages as competition heats up

Apr 9, 2019
Finding and retaining workers can be a challenge.
The competition for workers is getting fierce. 
YinYang/Getty Images

Bank earnings are way, waaay up. Here’s why.

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. 

Bank earnings are way, waaay up. Here’s why.

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. 
A flag flies outside the Bank of America Corporate Center June 30, 2005 in downtown Charlotte, North Carolina.
Davis Turner/Getty Images

For public good, not for profit.

Support fact-based, independent journalism with a gift to Marketplace today.

No such thing as free checking?

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?
The Death Of Caesar
Edward Gooch/Getty Image

For banks, there’s a delayed benefit to rising rates

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