Page 19 - Wells Fargo Bank (C) Teaching Note
P. 19

Particularly, in terms of new and developing accounts,
                 income distribution and banking fee structures. The


                 question will hinge on future population income
                 distribution and attention should certainly be drawn to

                 this area where at the moment 8% of customers pay 75%

                 of all overdraft fees, and these tend to be young and

                 poor, and they're going into overdraft 10 or more times a

                 year. (1)
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