(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
China's yuan, which has weakened in the last three years, is poised to extend the streak in 2017 as officials shepherd foreign reserves to shore up bad-loan-riddled banks.
President Trump has promised a "massive" and "phenomenal" tax plan, which has propelled stocks to record highs.
Billionaire investors appear to see good times ahead with a fellow billionaire in the White House.
He thinks under Trump the banks might win big.