"Folks often don't realize until they look at their account balances how much money is being zapped out of their accounts," said Phyllis Salowe-Kaye, executive director of New Jersey Citizen Action, responding to the latest numbers.
Q. I want to open a bank account with my mother so I can help make sure her bills are paid. Should we be on the same account or are there possible problems I’m not thinking of? Instead of could get online access to her account I guess, but what I could do then would be limited, right?
Q. My wife handles the finances for her parents. A continuing problem is that many institutions will not accept a durable general power of attorney unless it is on their particular form. Can they do this? What happens in cases of dementia?
WASHINGTON (AP) -- France's largest bank, BNP Paribas, has agreed to pay nearly $9 billion to resolve criminal allegations that it processed transactions for clients in Sudan and other blacklisted countries in violation of U.S. trade sanctions, the Justice Department announced Monday. The bank plead…