(Bank debit fee article updated with news on Bank of America fee withdrawal)NEW YORK ( TheStreet) - Bank of America ( BAC) has dropped its proposal to charge customers a monthly fee of $5 for debit-card purchases after
The software will run at BofA locations, but will use Oracle's people and hardware, and implement the same underlying technology as Oracle's cloud-based ERP.
Once millennials get in on an upward trend, count on the market to head in the opposite direction.
It's a classic example of headline risk on a topic Wall Street would prefer to avoid.
Richard Cordray, the first director of the Consumer Financial Protection Board, has taken an aggressive tack. Now, it may be doing its job too well.