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Lawmakers who wanted big banks to match BofA's (NYSE:BAC) pledge not to further hike credit-card...

Oct. 07, 2009 12:44 PM ETBank of America Corporation (BAC) StockBAC, WFCBy: Jason Aycock, SA News Editor4 Comments
Lawmakers who wanted big banks to match BofA's (NYSE:BAC) pledge not to further hike credit-card rates got one answer from Wells Fargo (NYSE:WFC), who expects to raise rates for most customers by 3 percentage points on Nov. 30 - the day before Rep. Barney Frank wants new curbs to become effective.

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