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At its PaineWebber division, Mr. Wuffli said that strong profits from municipal securities trading offset a decline in fee income caused by decreased trading volumes, making performance relatively flat.
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The fallout has accelerated one trend that was already under way — a decline in fees.
Institutional investors, such as pension funds and endowments, can afford to take the long view and wait for these illiquid assets to come good.But the drive into alternative assets also runs counter to a long-running decline in fees.
But analysts said it was noteworthy that there was a 1percentt decline in fees for the Showtime pay television service, the only Viacom cable network to have struck a new multiyear agreement with Comcast since November.
One thousand additional job ads on Craigslist were linked to a decline in the fee for access to CVs by $2 per month of access (column 4).
Fewer lawsuits are being filed, which means a decline in filing fees, and that has left the courts with a $74 million shortfall.
My guess is that if his company were truly threatened by a big decline in debit fees, he'd offer a rewards card that customers would have to pay off each month.
Care homes are being squeezed by a decline in the fees that cash-strapped local authorities pay towards residents' care and a rise in staff costs caused by the introduction of the £7.20 an hour "national living wage", which came into force on 1 April.
Care homes are being squeezed by a decline in the fees that cash-strapped local authorities pay towards residents' care and a rise in staff costs caused by the introduction of the £7.20 an hour NLW, which came into force on 1 April.
A typical VC contract calls for a steady decline in the annual fee beginning in a funds fifth or sixth year.
Higher mortgage-origination fees and trading profit offset a decline in mortgage-servicing fees and investment-banking income.
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