31st May 2021 Morning Report

Banks are slammed by Democratic lawmakers for charging too much overdraft fees during the pandemic though the total figure of overdraft revenue fell in 2020 for the first time in six years.

JPmorgan claimed that they have waived approximately $400 million in overdraft fees. But the senate Elizabeth Warren criticised them for gathering nearly $1.46 billion in such fees in 2020.

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

August 15th Morning Report
August 14th Morning Report
August 13th Morning Report
August 8th Morning Report
August 7th Morning Report
August 5th Morning Report
August 4th Morning Report
August 1st Morning Report
July 30th Morning Report
July 29th Morning Report