BANKS: THE NEW REALITY - MOVES DRIVE CUSTOMERS INTO THE ARMS OF LOCAL BANKS AND CREDIT UNIONS

摘要

REFORM ALWAYS BRINGS unintended consequences, and Washington's efforts to protect retail banking customers are no exception. Banks have responded to new restrictions by boosting checking account fees, prompting millions of customers to flee. That means trouble for banks-but also new opportunities for Wal-Mart, American Express, and others that see a chance to benefit from what analyst Meredith Whitney calls the "de-banking" of America.