Wells Fargo Abandons Debit-Fee Plans Amid Backlash Posted by AVCU on 12:50 PM

Today's American Banker reports that Wells Fargo is joining JP Morgan Chase in doing an about face on plans to assess new debit card fees in light of consumer backlash to the move already made by Bank of America. Wells Fargo had planned to pilot the new fees in five states. Read the article here.