The megabanks, Chase, Bank of America and so on, typically have little incentive to pay high CD rates.
A poll released this week by the Progressive Change Institute showed 58 percent of Americans support breaking up big banks like Citigroup.
The Consumer Banking Insights Study found that resentment toward big banks lingers among consumers.
An Independent Community Bankers of America report criticizes the impact of so-called too-big-to-fail megabanks.
A new bill designed to end the danger of banks being “too big to fail” would force megabanks to carry more capital or shrink themselves down to size.
An improbable bipartisan push to rein in megabanks is gathering steam on Capitol Hill.
Bank of America’s CEO recently sent a letter to the bank’s 270,000 employees urging them to improve customer service. But is service a big deal?
Community banks are asking lawmakers on Capitol Hill to ease the burden of regulation.