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JPMorgan Chase warns 86 million customers they might have to start paying for their bank accounts (finance.yahoo.com)

submitted 4 months ago by return2ozma@lemmy.world to c/personalfinance@lemmy.ml

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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.

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[–] HootinNHollerin@lemmy.world 18 points 4 months ago* (last edited 4 months ago)

I closed mine a bit ago. bye douchebags.

Chase never sided with me in any dispute when I got ripped off. And I ran a business through them for years.

Their CEO rapped kids w Epstein. Fuck em