Summary
Big banks are at it again, ticking off customers with nagging fees. Bank of America is at the forefront, recently announcing a new $5-per-month charge for using a debit card.
And the Occupy Wall Street movement has renewed sour feelings toward big financial institutions that were deemed too big to fail during the financial crisis and received bailout loans from Joe and Jane Taxpayer.See the full content of this document
Extract
Spending Smart: ; Crowning a Banking Champion
Small banks, online banks and credit unions are taking the opportunity to put up their dukes and take a few swings at megabanks while they're punchy from the bad publicity.
So, big or small? Who wins on the merits in a toe-to-toe fight between megabanks and smaller institutions? Who should co...See the full content of this document
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