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Why Banks Want to Know Your Salary So Badly | WSJ Your Money Briefing

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Banks are sending out more requests to customers for their annual salary information.

WSJ personalfinance reporter Imani Moise joins host J.R. Whalen to discuss why, and whether customers are obligated to reveal their earnings.

0:00 Do banks know your annual income?
1:35 Requests for salary info
2:59 Do you have to share your earnings?
3:40 Risks for bank customers
5:35 Giving out personal information

Your Money Briefing
WSJ's personalfinance podcast features the news that affects your money and what you do with it, breaking down complicated money questions from spending and saving to investing and taxes.

For more episodes of WSJ's Your Money Briefing: https://link.chtbl.com/WSJYourMoneyBr...

#Salary #Bank #WSJ

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