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Wednesday, August 18, 2010 - 1:47 PM
Your Banker's 6 Big Dirty Secrets
The fifth one from this MSN Money article may be of interest to savers:
5. We make more money from fees than from banking.
Banks have been pulling an ever-larger slice of their revenues from fees. The tipping point came in the late '90s, when fee income climbed to more than half of revenue at the largest banks.
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