Posts Tagged ‘Profit Margin’

…Drudge linked this article with the headline, “Banks scrapping free checking accounts due to government regulations.”   This caught my attention; are the regulations so intrusive the banks must charge consumers?  No, as the actual article indicates, the banks simply won’t tolerate any intrustion into their profit margin.


It’s the minimum amount necessary to maintain their profit margin. Note: BoA is not losing money on the new rules, they are just not making as much.  There is a world of difference.