banking system

Bank of America Considers Tiered Fee Structure

Bank of America (BAC) may introduce a tiered fee structure modeled on mobile phone service contracts. Under the proposed scheme, the bank would reward customers who maintain minimum current account balances, use their credit card a certain number of times each month, or do all their banking online, The Financial Times reported. Customers who don%u2019t do these things would be charged more.

AIG is one big taxpayer IOU

In the years ahead, whenever economic conservatives and market absolutists point out the wonders of the market, just mention a popular four-letter...

The rally saved Geithner

As positive sentiment continues to build about the U.S. Treasury Department's toxic asset removal program, the latest chatter points to Treasury...