Gingrich on His Own, Adelson to Back Romney

Friday, March 30th, 2012

According to the published reports Adelson and his wife Miriam pumped 16.5 million into Gingrich’s campaign but he wasn’t winning much to pay back their faith. Now as per the situation Adelson will support Mitt Romney who is the current front runner and is quite excited about that. Now Rick Santorum is another contender but though Adelson likes him a lot but still he don’t want him to run his …

March 30th, 2012


Citizens Bank increases fees on checking account

Sunday, March 25th, 2012

Citizens bank is all set to hike the fees on its checking accounts as well as bring about other changes to various accounts in the following month. The Green Checking account, which is one of the most prominent offerings of the bank to customers, will see its fee increase to $9.99 effective April 23rd as compared to $4.99 where it stands currently. This is nearly a 50 percent increase from …

March 25th, 2012


Banks increase their profits by hiking account fees

Monday, March 19th, 2012

Bank of America, which is one of the largest banks in the country, was the first one to levy monthly charges of $5 on their checking accounts last fall. However, this move did not go down well with the public who raised a hue and cry. The bank had to retreat and eliminate these charges. But, not the one to concede easily, this bank continues to levy these charges on …

March 19th, 2012


Wells Fargo levies $7 fees on checking accounts

Wednesday, March 14th, 2012

Banks are working hard to come up with ways and means to continue bringing in revenue despite the Federal Reserve imposing a number of restrictions. In its latest move, the Federal Reserve has curtailed the revenue that banks could generate in the form of interchange fees. Banks which used to rake in millions in the form of these fees have to now compromise on them. One of the ways in …

March 14th, 2012


Despite public backlash, banks continue to increase existing fees and levy new ones

Saturday, March 10th, 2012

One of the first banks that were on the receiving end was Bank of America which is among the list of biggest banks in this country. As soon as the Federal Reserve curbed the interchange fees, the bank levied a $5 monthly charge for customers who use debit card for their purchases. Though Wells Fargo and JP Morgan Chase had similar plans in the pipeline, they retracted their move fearing …

March 10th, 2012


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