The potential charges, says Marianne Lake, CEO of consumer and community banking at JPMorgan, are a result of new regulatory rules that cap overdraft and late fees. Lake says Chase will be passing along those increased expenses to customers, which would put an end to now-free services such as checking accounts and wealth management tools. And she says she expects other banks will follow suit.

  • @iopq
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    26 months ago

    You know how much I pay? 0 hours of my hard earned labor

    • Flying Squid
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      16 months ago

      Me too, but I joined a credit union.