Up to 5% of banked consumers might be forced to leave the banking system if financial institutions must alter pricing to make up for reductions in debit card interchange, Jamie Dimon, CEO of JPMorgan Chase & Co., told analysts during a conference call to discuss fourth-quarter earnings.
Upcoming Conferences
6th Annual Mobile Banking & Commerce Summit
June 10-12, 2012
Westin St. Francis
San Francisco, CA
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June 13-15, 2012
Westin St. Francis
San Francisco, CA
Another Durbin Outcome Could Be More Unbanked, Chase’s Dimon Contends
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