Retailers Attack Banks on Fees

WASHINGTON — Retail groups last week criticized Bank of America and other banks that are implementing debit-card fees in the wake of financial reforms that sought to reduce the debit-card interchange fees assessed to merchants.

“Clearly, we are disappointed but not surprised to learn that financial institutions are implementing new customer fees on debit cards just as the Durbin Amendment and Federal Reserve Board actions go into effect,” said Peter J. L

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