Fed's Interchange Proposal Threatens US Banks' Fee Income
James Stevens, a partner and co-leader of Troutman Pepper's Financial Services Industry Group, was quoted in the November 7, 2023 S&P Global Market Intelligence article, " Fed's Interchange Proposal Threatens US Banks' Fee Income."
That income hit will "inevitably lead to increased prices in other services that these banks are providing," James Stevens, partner and co-leader of Troutman Pepper Hamilton Sanders LLP's Financial Services Industry Group, said in an interview.