Bank of America got pummeled by investors and its customers Friday, a day after announcing that it would charge many debit card users a $5 monthly fee when they shop. The troubled bank, already besieged by multibillion-dollar lawsuits and massive financial losses, saw its stock fall more than 2 percent in late-morning trading.

Topics:  america   dow jones   read   charge   debit card   percent   stock   
BING NEWS:
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    05/13/2024 - 11:06 am | View Link
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    U.S. authorities have already taken action against American Express and Bank of America in a "bait and switch" credit card rewards investigation.
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    America’s banks and credit unions urged the Federal Reserve to rescind its proposal to update Regulation II (Reg II) in a comment letter submitted today.
    05/10/2024 - 12:54 pm | View Link
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    Eastern Bank, in collaboration with Mastercard, launched the country's first dual currency prepaid card for medical tourism to simplify access to healthcare in India for Bangladeshi patients.
    04/28/2024 - 9:48 am | View Link
  • Bank of America: Considerable Near-Term Potential, But Annualized Returns Likely Lower
    Bank of America's stock has surged by 13.47% since my previous coverage, prompting a reevaluation of its investment potential. Q1 2024 data leaves a fair price estimate at $47.30, with a $59.66 ...
    04/19/2024 - 12:00 pm | View Link
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