The impact of the change in bankruptcy laws and changes in...

The impact of the change in bankruptcy laws and changes in our practices for overdraft charge-offs and over-limit credit card fees reduced pretax results by about $320 million. In addition, we had a weak trading quarter that was well under our performance in recent quarters. The bankruptcy issue will not recur and should actually benefit us going forward as we expect a reduced level of bankruptcy filings under the new law.

Ken Lewis Quote About Bankruptcy, Benefit, Card, Change, Changes: The Impact Of The Change...

Quotes from famous authors

Popular tags & topics