As of July 1, the Federal Reserve will require that banks obtain a customer’s consent before they can charge them overdraft fees for A.T.M. transactions and debit purchases; many banks now automatically enroll customers. In anticipation of the new Fed rule, some banks have begun marketing campaigns to encourage their customers to opt in to [...]

The nation’s bankers have much to be thankful for as they sit down to their turkey dinners on Thursday. At this time last year, the American financial system was near collapse, rescued only by hundreds of billions of taxpayer dollars. Now the system has stabilized, and the industry is on the verge of a coup [...]