The banking sector has been moving away from charging overdraft fees for a few years now. CFPB scrutiny, along with the broader economy, has made it easier for banks to forgo that overdraft fee income.
The rules were updated by several federal regulators this week, including the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency.
The new book “She-Wolves: The Untold History of Women on Wall Street” chronicles the barriers women had to break down to become part of major financial institutions.