Morning Scan: BofA Takes On Data Aggregators; European Banks Struggl...

Wall Street Journal Bank of America has joined a slew of financial firms to cut off its information from websites and mobile applications that aggregate consumer financial data. Other major banks that have taken such steps include J.P. Morgan Chase and Wells Fargo. Consumers have begun to use these aggregator sites, such as Mint.com, to monitor their multiple financial accounts. But banks are wary to cede any ground to non-bank startups like these, and as reasoningÂ...