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Banks never lose. They just create a fee to pass it on, throw a party and hand out bonuses. But... in this case, the overall cost may be high enough that there
by svachalek 9y ago
Banks never lose. They just create a fee to pass it on, throw a party and hand out bonuses.
But... in this case, the overall cost may be high enough that there's a competitive advantage in not needing to charge this particular fee, and that will force the industry to do something about it. Maybe.
- chipperyman573 9y agoBanks are already charging all the fees they think they can while still remaining competitive. If they could have already charged another fee they would have.