Banks make up for lost revenue in 3 ways, expert says

01/13/2012 | CNBC

Major banks are facing new regulations governing overdraft fees, debit card transaction fees and credit cards. The new rules are costing the lenders billions of dollars, which they are making up for by cutting costs, restructuring products and creating new products, according to Patricia Hewitt, director of debit advisory services for Mercator Advisory Service.

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