Chase is saying higher fees for both checking and wealth management is coming soon. The reason is that new fees being proposed will have to be passed along to customers. Proposed fees include caps on overdraft fees and late fees. This is not the first time Chase and the big banks have said basic fees will have to increase due to regulators. Back in the financial crisis, the government made banks hold additional capital for longer periods of time for safety of deposits. The increased fees did not materialize back then. Will they this time?
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Негізгі бет Chase says higher fees are coming for checking and wealth management
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