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changes wells fargo has a $3 in some markets, suntrust $5 on some this summer. regional expected to roll out a $4 fee next month. with regulation along with legislation last year shutting down the bank's fee machine of overdraft charges, financial institutions are finding new ways to generate income. but all these new fees are leaving customers jaded. >> it's a matter of a very little time before they send you a notice saying they are tacking on a fee in another way. >> reporter: cnn, new york. >>> michael jackson's personal bodyguard testified as did 49ers responders. our legal responders are ready to dissect the first week of testimony in the conrad murray trial. they are next. life insurance companies
changes wells fargo has a $3 in some markets, suntrust $5 on some this summer. regional expected to roll out a $4 fee next month. with regulation along with legislation last year shutting down the bank's fee machine of overdraft charges, financial institutions are finding new ways to generate income. but all these new fees are leaving customers jaded. >> it's a matter of a very little time before they send you a notice saying they are tacking on a fee in another way. >> reporter:...
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Oct 17, 2011
10/11
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WMPT
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bancorp and suntrust banks. so what is it about these three that you are singling them out? >> we especially like these larger regional banks within the u.s. bancorp and suntrust. why? number one there's no direct impact in europe. so that is off the table. number two, the retail side of most of the banks don't have a lot of regulatory headwinds right now. that's really the investment banking side. so we think that positions well. and third we think there's going to be capital deployment build it's dividend and share repurchase going forward. so those banks we feel pretty good about, pretty isolated and the values are compelling. now jpmorgan we think from a global standpoint given its valuation and given what it can earn today even in this environment is the large bank you go to. >> any disclosures on the three recommendations? >> not from me. >> all right. thank you so much for coming on the program. really appreciate it. >> always great to be here, susie. >> susie: same here. we always love having you on. we've been speaking with fred cannon, director and chief equity str
bancorp and suntrust banks. so what is it about these three that you are singling them out? >> we especially like these larger regional banks within the u.s. bancorp and suntrust. why? number one there's no direct impact in europe. so that is off the table. number two, the retail side of most of the banks don't have a lot of regulatory headwinds right now. that's really the investment banking side. so we think that positions well. and third we think there's going to be capital deployment...
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Oct 17, 2011
10/11
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WETA
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bancorp and suntrust banks.. so what is it about these three that you are singling them out? >> we especially like these larger regional banks within the u.s. bancorp and suntrust. why? number one there's no direct impact in europe. so that is off the table. number two, the retail side of most of the banks don't have a lot of regulatory headwinds right now. that's really the investment banking side. so we think that positions well. and third we think there's going to be capital deployment build it's dividend and share repurchase going forward. so those banks we feel pretty good about, pretty isolated and the values are compelling. now jpmorgan we think from a global standpoint given its valuation and given what it can earn today even in this environment is the large bank you go to. >> any disclosures on the three recommendations? >> not from me. >> all right. thank you so much for coming on the program. really appreciate it. >> always great to be here, susie. >> susie: same here. we always love having you on. we've been speaking with fred cannon, director and chief equity str
bancorp and suntrust banks.. so what is it about these three that you are singling them out? >> we especially like these larger regional banks within the u.s. bancorp and suntrust. why? number one there's no direct impact in europe. so that is off the table. number two, the retail side of most of the banks don't have a lot of regulatory headwinds right now. that's really the investment banking side. so we think that positions well. and third we think there's going to be capital deployment...
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Oct 30, 2011
10/11
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WRC
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a woman held up suntrust around 11:00 a.m. a woman and a man demanded money a short time later from the wells fargo at the 6300 block. after that, a man robbed bb&t just a few blocks away. only the third attempt was successful. >>> authorities are investigating another attempted abduction. it happened yesterday afternoon in the governors green subdivision. a 20-year-old woman said a car with at least three men inside stopped as she walked along innisbrook circle. this is the third reported attempted abduction in the area in the past two weeks. > prince george's county police have arrested a man in connection with the murder of a howard university student. alonzo guyton was killed. police say 20-year-old william knight shot him in front of his off-campus apartment. they found his hand print on a gun. this was a total team effort between u.s. marbles, d.c. police, and prince george's county police. >> when something like this comes together so quickly, it's fantastic for everybody. for the police department, the community, to ge
a woman held up suntrust around 11:00 a.m. a woman and a man demanded money a short time later from the wells fargo at the 6300 block. after that, a man robbed bb&t just a few blocks away. only the third attempt was successful. >>> authorities are investigating another attempted abduction. it happened yesterday afternoon in the governors green subdivision. a 20-year-old woman said a car with at least three men inside stopped as she walked along innisbrook circle. this is the third...
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Oct 28, 2011
10/11
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WBAL
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suntrust already charges customers $5 a month. there is a link to the website on our website, wbaltv.com. a maryland national guard soldiers left for afghanistan a year ago. tonight, all of them are back with their families. the servicemen and women have been in afghanistan, iraq, and kuwait. they were welcomed back home. >> it has been a long, hard year. i am just happy. i cannot wait for all our boys to come home. >> the rain does not even matter. it is as good to be home. >> it is awesome, overwhelming. >> glad to have you home. >> i am glad to be home. >> the service members were part of an aviation battalion. >> your insta-weather-plus forecast -- >> there were some showers and our area today. a cold front making its way across the state. we have already seen some big temperature changes. overall the western shore, a little bit of rain. for most areas around baltimore, things have dried out pretty nicely. this front is moving away from us. there has been some selling in new england. maybe a sign of things to come this weekend
suntrust already charges customers $5 a month. there is a link to the website on our website, wbaltv.com. a maryland national guard soldiers left for afghanistan a year ago. tonight, all of them are back with their families. the servicemen and women have been in afghanistan, iraq, and kuwait. they were welcomed back home. >> it has been a long, hard year. i am just happy. i cannot wait for all our boys to come home. >> the rain does not even matter. it is as good to be home....
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Oct 14, 2011
10/11
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WRC
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now other banks, including chase, suntrust, and wells fargo are using similar fees. congress says they don't see any evidence of collusion but call the timing of those fees suspicious. more people are turn to go internet only banking. online banks have lower overhead costs, so they can often added features, including insurance on deposits and charging lower fees. there can be drawbacks. with little to no atms, you could get stuck paying atm fees. making deposits could be a challenge as well. >> some of the online banks do have a smart phone mobile app that allows you to take a picture of your check and deposit it that way. that's the thing you need to figure out. what do you need from your financial institution? >> if online banks sound too overwhelming, there are even other options. experts say you can try community banks and credit unions, which also offer free checking and lower fees. >>> protesters threw eggs at an initial of the international monetary fund, and it was all caught on camera. take a look at this. mark lewis was delivering a keynote speech to econom
now other banks, including chase, suntrust, and wells fargo are using similar fees. congress says they don't see any evidence of collusion but call the timing of those fees suspicious. more people are turn to go internet only banking. online banks have lower overhead costs, so they can often added features, including insurance on deposits and charging lower fees. there can be drawbacks. with little to no atms, you could get stuck paying atm fees. making deposits could be a challenge as well....
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Oct 11, 2011
10/11
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KRCB
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. >> suntrust, u.s. bancorp, fifth third should start to outperform during the rest of the year because there's tremendous value in those good core franchises in the u.s. right now. >> reporter: the third quarter was clearly a terrible one for banks. but the focus now is on the fourth. a big concern is how exposed u.s. banks are to european debt problems, particularly through complex derivative trades. erika miller, "nightly business report," new york. >> susie: the banking industry is also facing much tighter regulations on high-risk trading. today, u.s. regulators released their draft of the "volcker rule," named after former federal reserve chairman paul volcker. the proposal ban's banks from trading for their own profit, and regulators are now asking the public for feedback on the best way to do that. washington bureau chief darren gersh reports. >> reporter: the volcker rule is supposed to keep banks from using taxpayer-insured deposits to place risky bets to boost profits. and in some ways, it has
. >> suntrust, u.s. bancorp, fifth third should start to outperform during the rest of the year because there's tremendous value in those good core franchises in the u.s. right now. >> reporter: the third quarter was clearly a terrible one for banks. but the focus now is on the fourth. a big concern is how exposed u.s. banks are to european debt problems, particularly through complex derivative trades. erika miller, "nightly business report," new york. >> susie: the...
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Oct 30, 2011
10/11
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WRC
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a woman held up suntrust around 11:00 a.m. a woman and a man demanded money a short time later from the wells fargo at the 6300 block. after that, a man robbed bb&t just a few blocks away. only the third attempt was successful. >>> authorities are investigating another attempted abduction in just two weeks. it happened yesterday afternoon in the governors green subdivision. a 20-year-old woman said a car with at least three men inside stopped as she walked along innisbrook circle. she says a man opened the back door and yelled, let's go! she was able to run away. >>> prince george's county police have arrested a man in connection with the murder of a howard university student. alonzo guyton was killed just after midnight tuesday in mt. ranier. police say 20-year-old william knight shot him in front of his off-campus apartment. they found his hand print on a gun. this was a total team effort between u.s. marshalls, d.c. police, and prince george's county police. >> it's a huge group of people that come together. and when someth
a woman held up suntrust around 11:00 a.m. a woman and a man demanded money a short time later from the wells fargo at the 6300 block. after that, a man robbed bb&t just a few blocks away. only the third attempt was successful. >>> authorities are investigating another attempted abduction in just two weeks. it happened yesterday afternoon in the governors green subdivision. a 20-year-old woman said a car with at least three men inside stopped as she walked along innisbrook circle....
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b of a aren't the only making changes wells fargo has a $3 in some markets, suntrust $5 on some this summer. regional expected to roll out a $4 fee next month. with regulation along with legislation last year shutting down the bank's fee machine of overdraft charges, financial institutions are finding new ways to generate income. but all these new fees are leaving customers jaded. >> it's a matter of a very little time before they send you a notice saying they are tacking on a fee in another way. >> reporter: cnn, new york. >>> michael jackson's personal bodyguard testified as did 49ers responders. our legal responders are ready to dissect the first week of testimony in the conrad murray trial. they are next. life insurance companies treat you like a policy, not a person. instead of getting to know you they simply assign you a number. aviva is here to change all that. we're bringing humanity back to insurance and putting people before policies. aviva life insurance and annuities. we are building insurance around you. >>> turning to some big legal cases, amanda knox accused of killing
b of a aren't the only making changes wells fargo has a $3 in some markets, suntrust $5 on some this summer. regional expected to roll out a $4 fee next month. with regulation along with legislation last year shutting down the bank's fee machine of overdraft charges, financial institutions are finding new ways to generate income. but all these new fees are leaving customers jaded. >> it's a matter of a very little time before they send you a notice saying they are tacking on a fee in...
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Oct 29, 2011
10/11
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KNTV
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. >> reporter: for now, wells fargo, suntrust and regeions financial are charging a monthly fee. some of the competitors have decided to not go along, including u.s. bancorp, citigroup, pnc and even chase is abandoning its debit card fees. >> this was a moment for bank customers. they've been hearing about one new fee after another and this one was the one that tipped them over the edge. >> reporter: the big winners could be credit unions like seattle's becu. it would welcome any b of a customers who leave their bank. >> you're going to get free checking. in some cases you'll get interest with your checking. you're not going to pay to see a teller. you're not going to pay to get funds transferred a savings account. >> george kiriyama, today in the bay. >> more heat is coming down on the now bankrupt solar company solyndra. the white house ordered an independent review this week. this is the latest response to the criticism over the obama administration's half billion dollar loan to the solar company. less than a year later solyndra laid off more than 1,000 workers and declared ba
. >> reporter: for now, wells fargo, suntrust and regeions financial are charging a monthly fee. some of the competitors have decided to not go along, including u.s. bancorp, citigroup, pnc and even chase is abandoning its debit card fees. >> this was a moment for bank customers. they've been hearing about one new fee after another and this one was the one that tipped them over the edge. >> reporter: the big winners could be credit unions like seattle's becu. it would welcome...
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Oct 7, 2011
10/11
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MSNBC
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that includes bank of america, wells fargo, jpmorgan chase and suntrust so far. there are banks like citi, schwab, ing direct, they do not charge at this moment. other options, over 7,200 credit unions, there are also community banks, 23,000 locations nationwide, going local here. many are not affected by the new rules, large banks say pushed them to have new debit card fees, but the larger barnks are saying it's about staying in business. >> we're losing revenue, unfortunately it's the consumer that's going to hurt. >> now, they have that right, but it's not a good practice. it's not necessarily fair to consumers. >> the president speaking on that as well. it is a sign of the times, unfortunately, free checking is a dying breed. two years ago, three out of four banks offer free checking, now it's less than half. according to one study, non-interest sparing account fees and minimum balance requirements have already almost doubled since last year. you'll start to notice debit card perks and discounts go away, higher bank fees and interest might go down further. an
that includes bank of america, wells fargo, jpmorgan chase and suntrust so far. there are banks like citi, schwab, ing direct, they do not charge at this moment. other options, over 7,200 credit unions, there are also community banks, 23,000 locations nationwide, going local here. many are not affected by the new rules, large banks say pushed them to have new debit card fees, but the larger barnks are saying it's about staying in business. >> we're losing revenue, unfortunately it's the...
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Oct 14, 2011
10/11
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WRC
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the move was quickly followed by other banks, including jp morgan chase, suntrust, and wells fargo. a group of house democrats say they don't see any signs of collusion but call the timing of these fees suspicious. >>> if you're tired of paying these fees, you do have options. many customers are turning to online internet banking. many of these banks have lower overhead, so they can charge added features. there can be drawbacks. with little to no atms, you can be stuck paying atm fees if your bank doesn't reimburse you, and making deposits can be a challenge if you don't have a smart phone. >> some of the online banks do have a smart phone mobile app that allows you to take a picture of your check and then deposit it that way. those are things you need to figure out. what do you need from your financial institution? >> if online banks sound too overwhelming, there are other options. experts say you can try community banks and credit unions with also offer free checking and lower fees. >>> frustrated blackberry users may take their business elsewhere, after this week's widespread out
the move was quickly followed by other banks, including jp morgan chase, suntrust, and wells fargo. a group of house democrats say they don't see any signs of collusion but call the timing of these fees suspicious. >>> if you're tired of paying these fees, you do have options. many customers are turning to online internet banking. many of these banks have lower overhead, so they can charge added features. there can be drawbacks. with little to no atms, you can be stuck paying atm fees...
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Oct 1, 2011
10/11
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KRON
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chase and wells fargo are testing $3 fees and suntrust started charging a $5 fee on these accounts this summer. regents is expected to roll out a $4 fee on the cards next month. with the latest regulation along with legislation congress shining down fee machines, financial institutions are finding new ways to generate income. all of these fees are leading customer stated. >> there is very little time before they send you a notice that they're attacking on a fee in another way. >> we have some tech headlines coming up on the kron4 news. the new candle is an expense affiliate local you why. >> we also have our fleet week events coming up in the bay area. but on a cattle buyer it on fire. it retails for $199 but research says it costs about $210 to manufacture. the profit is not in the candle. amazon does not make a lot of money through kendall sales, instead is says the company hopes to more and more customers to buy higher margin goods from its web site. here meanwhile best buy is slashing prices on other tablets to compete with the kindle fire. the blackberry play but has been going fro
chase and wells fargo are testing $3 fees and suntrust started charging a $5 fee on these accounts this summer. regents is expected to roll out a $4 fee on the cards next month. with the latest regulation along with legislation congress shining down fee machines, financial institutions are finding new ways to generate income. all of these fees are leading customer stated. >> there is very little time before they send you a notice that they're attacking on a fee in another way. >> we...
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Oct 2, 2011
10/11
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CNNW
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we're seeing suntrust, wells fargo, trying it out. we're seeing people bring it in. $5 is higher than what we've seen in other banks. we've seen the trend happening. >> okay. is there any way you can get around this? >> well, one of the ways -- they talk good on line. for $8.95, you can to all e-banking. do all your statements, banking on line. also you can go to the atms. they're saying you only get charged the fee if you use the debit card at a store. >> you can't walk around with that much cash. we don't do it. >> we don't do it. it's not realistic for a lot of people depending on what you're doing. everyday purchase, it may be normal. sometimes we spend less than $100 a day. if that's the case, you may be able to be prepared. >> here's the other problem. people saying i'll give up the debit card, use the credit card. but you might get hosed because -- >> you're paying interest. what you really have to look at and people are saying that they're smaller bank. people don't realize that the smaller banks, less than $10 billion in asse
we're seeing suntrust, wells fargo, trying it out. we're seeing people bring it in. $5 is higher than what we've seen in other banks. we've seen the trend happening. >> okay. is there any way you can get around this? >> well, one of the ways -- they talk good on line. for $8.95, you can to all e-banking. do all your statements, banking on line. also you can go to the atms. they're saying you only get charged the fee if you use the debit card at a store. >> you can't walk...
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Oct 30, 2011
10/11
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WBAL
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suntrust already charges customers $5 a month for debit card use. there is a link on the web site. just click on "i-team" at www.wbaltv.com. >> i'm pete gilbert. coming up in sports, a look at the ravens and the cardinals. how they plan to get past that disaster of a game from monday night. the story straight [ female announcer ] having grands! biscuits in the morning is easy. just pop 'em in... then go about your business... and in just 15 minutes, your family can enjoy warm fresh from the oven biscuits. grands! warm ideas made easy. ♪ start your morning a whole new way! ♪ ♪ pillsbury grands! biscuits ♪ filled with breakfast ingredients ♪ ♪ ready in minutes! ♪ you gotta taste...mmmm a brand new morning ♪ [ female announcer ] new pillsbury grands! biscuit sandwiches. >> i can never recall a short week taking so long after that complete and utter disaster monday night in jacksonville against the jaguars. the ravens didn't throw well, run well, they did not block. they did not call plays well. all across the board, it was bad. the good news though, it was a short week
suntrust already charges customers $5 a month for debit card use. there is a link on the web site. just click on "i-team" at www.wbaltv.com. >> i'm pete gilbert. coming up in sports, a look at the ravens and the cardinals. how they plan to get past that disaster of a game from monday night. the story straight [ female announcer ] having grands! biscuits in the morning is easy. just pop 'em in... then go about your business... and in just 15 minutes, your family can enjoy warm...
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Oct 12, 2011
10/11
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CSPAN
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it would not be like wachovia or suntrust, where you have an atm. you could have certain groups form this new bank. this would be mainly for the existing banks that are there today. that is my main thought on that issue. host: falls church, virginia. doody, democratic caller. -- judy, democratic caller. caller: i want to thank your guests for her work on clean air. most people are ignorant of the facts of what we can breed, what affect it will have on us. my question is, what can we normal people do to let our representatives and senators know how important this is to us? guest: i really hope you do. i do not think the members of congress are hearing enough from people who are concerned now that we are turning back the clock. we will be poisoning our air with things as toxic as mercury. i ask my colleagues yesterday, you do not want to leave a debt to your grandchildren. well, do you want to leave brain damage? that is exactly what -- mercury, for example -- just one example. that is a neurotoxin that affects pregnant women and their fetuses and chi
it would not be like wachovia or suntrust, where you have an atm. you could have certain groups form this new bank. this would be mainly for the existing banks that are there today. that is my main thought on that issue. host: falls church, virginia. doody, democratic caller. -- judy, democratic caller. caller: i want to thank your guests for her work on clean air. most people are ignorant of the facts of what we can breed, what affect it will have on us. my question is, what can we normal...