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Bank of America drops overdraft charge, but new fees could hurt consumers more :Video By Maryann Tobin

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maryann tobin

Bank of America has announced plans to comply with a new rule that is designed to rein in abuse of its customers. However, the potential for profits may be even greater with new products that fall outside the area of regulation.

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Maryann is a semi-professional free lance writer. She is an ex-jockey from New York and was among one of the first women to ride in thoroughbred races in America. She maintains an interest in politics and animal rights.

Related Topic(s): Consumer; Consumer Confidence; Consumer Goods And Services, Add Tags

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