Bank of America is set to pay more than half a billion dollars after a district judge found the lender massively underpaid ...

A federal judge has ordered Bank of America to pay more than $540 million to resolve long-running litigation from a U.S. regulator that alleged the company underpaid mandatory assessments for deposit ...

Bank of America (BAC), the second-largest U.S. bank, has been ordered to pay $540.3 million to the Federal Deposit Insurance ...

Says asset quality “remains sound.” Does not expect much change in net charge-offs near-term. Says could see net charge-offs decline in Q2. Says “healthy” investment banking pipeline. Says clients ...

(Reuters) - A federal judge ordered Bank of America to pay $540.3 million in a long-running Federal Deposit Insurance Corporation lawsuit accusing the second-largest U.S. bank of underpaying what ...

The order, reached March 31 and published publicly on Monday, arrives over eight years after the Federal Deposit Insurance Corporation sued Bank of America in 2017. “We are pleased the judge has ...

Bank of America must pay over half a billion dollars to the Federal Deposit Insurance Corp. for underpaying deposit insurance to the agency, a federal judge has ordered in an eight-year-old case.

The ruling comes after the Federal Deposit Insurance Corporation lawsuit accused the mega U.S. bank of failing to pay the ...

Executives on the post-earnings call ... balanced than it has been in the past and calling the deposit base "stable." If so, Bank of America might prove to be a good safe-harbor candidate for ...