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PNC CEO on why its changing its overdraft fee policy

A majority of the Big Banks charge overdraft fees of more than $25, generating more than $11 billion for the banks in 2019 alone, according to the Center for American Lending. PNC announced Monday that it is changing its policy. William Demchak, chairman and CEO of PNC, joined "Squawk Box" on Tuesday to discuss the policy change.
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Tue, Apr 13 20218:23 AM EDT