Pro-EU parties are set to hold onto two-thirds of the seats at the EU Parliament.Europe Politicsread more
The projected result comes shortly after Conservative Party leader Theresa May announced her resignation as prime minister on Friday morning.Europe Politicsread more
Sources say the talks, which have been happening over the last several weeks, have picked up speed in recent days and could lead to an announcement regarding a merger or...Autosread more
Stocks that are most prone to swine flu fears include Bloomin' Brands, Phibro, Darling Ingredients, Deere, and Hormel, according to analysts.Marketsread more
Biden had criticized Kim Jong Un as a "dictator" and a "tyrant" at a recent rally in Philadelphia. North Korean state media responded by calling Biden a "fool of low IQ" among...Politicsread more
Book income helped self-proclaimed socialist Bernie Sanders join the millionaire class, a group he has often criticized during his decades in politics.Politicsread more
Trump was speaking at a meeting of Japanese business leaders in Tokyo during his state visit to Japan on Saturday.Marketsread more
Cyberattacks against accounting software firm Wolters Kluwer and the City of Baltimore in May showed how the newest wave of malicious hacking can have significant, often...Technologyread more
The European parliamentary election is the second largest democratic exercise in the world.Europe Newsread more
You should use your summer vacation to unwind from work stress. Here are some tips for disconnecting while you're away.Technologyread more
If you value reliability and quality over a posh cabin and jealous looks, the Lexus LX 570 two-row is the Japanese Range Rover you need.Autosread more
Bankers say they don't want to charge you fees when you bring your business to them. They'd certainly rather have a real relationship—giving you a checking account, for instance. Still, moneymakers also would like to manage your mortgage, credit-card and auto loan. When such relationships were more common, most fees were waived.
Yet like most relationships, however, the arrangement between banks and consumers has gone sour in recent years. The Internet has made shopping for a loan, credit card, even where you deposit your paycheck to all 50 states, easier — posing more of a competitive challenge to banks. "Now you get your services from three different banks," said Hank Israel, a partner at the financial-services consulting firm Novantis. "Each has to find a way to make a profit."
The number of fees a given bank charges has gone down recently, from more than 40 to 26, according to Pew Charitable Trusts. However, you only need to read banks' financial reports to see that fees are a big part of their business model going forward.
Click ahead to see the fees that are causing the most trouble for banks and their customers.
By Paul O'Donnell
Posted Oct 23 2012