bank insurance to go up? will customer fee,s go up as well?

Welcome To the WIN!!! St. Elias Mines HUB On AGORACOM

Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE

Reply New Message

Prev Message Back To Forum Threaded View Next Message

sculpin

Rank: President [?]

Points: 56650 [?]

Votes: 339 Score: 3.4 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

bank insurance to go up? will customer fee,s go up as well?

posted on Jul 24, 2012 11:14PM

http://www.reuters.com/article/2012/07/24/us-libor-insurance-idUSBRE86N1JX20120724

A look at some of the law suits JP Morgan has on their plate, yet their stock goes up, weird?

http://www.reuters.com/article/2012/07/24/us-jpmorgan-creditcard-settlement-idUSBRE86N13O20120724

http://www.bloomberg.com/news/2012-07-24/jpmorgan-citigroup-lose-bid-to-move-2-billion-tmst-suit-1-.html

http://www.marketwatch.com/story/grant-eisenhofer-pa-brings-consumer-rights-class-action-against-jpmorgan-chase-co-in-connection-with-its-brokerage-and-investment-management-services-2012-07-24

If there are many more law suits and fines brought against banks, we may be looking at increasing fees from banks that have done nothing wrong, because their insurance premiums will most likely be higher as well. This whole fiasco does not look good for banks or its customers , in my opinion.