BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Wells Fargo to eliminate overdraft charges]]>http://www.bloggingstocks.com/2009/09/24/wells-fargo-to-eliminate-overdraft-charges/http://www.bloggingstocks.com/2009/09/24/wells-fargo-to-eliminate-overdraft-charges/http://www.bloggingstocks.com/2009/09/24/wells-fargo-to-eliminate-overdraft-charges/#commentsFiled under: ,

Wells Fargo (NYSE: WFC) announced on Thursday that it will eliminate fees on customer overdrafts of $5 or less and is going to limit overdraft charges to a maximum for four per day.

This move follows similar moves from other large banks, prompting some to ask what took so long. In addition, Wells Fargo customers will be allowed to opt out of automatic overdraft coverage. Doing so would mean that debit card and ATM transactions would not be allowed to go through if your account is overdrawn.

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Wells Fargo to eliminate overdraft charges originally appeared on BloggingStocks on Thu, 24 Sep 2009 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bank accountsbankscheckingfinancial crisisinthenewsoverdraft chargesoverdraft feessavingsWells FargoWFCThu, 24 Sep 2009 12:30:00 EST<![CDATA[Delay in UBS trial sparks settlement talks]]>http://www.bloggingstocks.com/2009/07/13/delay-in-ubs-trial-sparks-settlement-talks/http://www.bloggingstocks.com/2009/07/13/delay-in-ubs-trial-sparks-settlement-talks/http://www.bloggingstocks.com/2009/07/13/delay-in-ubs-trial-sparks-settlement-talks/#commentsFiled under:

Late last night, Swiss banking giant UBS (NYSE: UBS) and the U.S. Department of Justice asked a federal judge to delay the trial on U.S. tax issues until August 3. The trial was set to start later today, and the delay sparked hopes for a possible settlement between the U.S. government and the bank.

The U.S. wants UBS to reveal the identities of 52,000 rich Americans suspected of using secret bank accounts as a tax dodge. Such a move would be a violation of Switzerland's bank secrecy laws, the Swiss government and UBS say. According to Reuters, the two sides are hoping to find a way to allow the U.S. government to receive client data without violating Swiss law.

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Delay in UBS trial sparks settlement talks originally appeared on BloggingStocks on Mon, 13 Jul 2009 09:30:00 EST. Please see our terms for use of feeds.

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