CFPB Drops Lawsuit Against Bank of America, JPMorgan Chase and Wells Fargo Over Zelle Fraud The Consumer Financial Protection Bureau is dropping its lawsuit against the company that runs the Zelle ...

NEW YORK (AP) — 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 ...

Bank of America faces a $540 million bill after a federal judge ordered the financial institution to pay up on Monday amid a federal lawsuit. The ruling comes after the Federal Deposit Insurance ...

The recent Bank of America ruling comes more than eight years after the FDIC launched its lawsuit against the institution, alleging it had paid insufficient insurance premiums by underreporting ...

Back in 2017, the FDIC accused Bank of America of refusing to pay over $500 million in assessments — a figure it later expanded to $1.12 billion — alleging that the banking giant failed to ...

Bank of America Ordered to Pay $540 Million in Long-Running Lawsuit From the FDIC NEW YORK (AP) — A federal judge has ordered Bank of America to pay more than $540 million to resolve long ...