Since the collapses of Silicon Valley Bank and Signature Bank, coverage from the Federal Deposit Insurance Corporation (FDIC) has been in the spotlight. The FDIC protects up to $250,000 per ...

Bank of America claimed its company's intent was not to avoid any payments to the Federal Deposit Insurance Corporation ... insurance contributions. The FDIC sought $1.12 billion after Bank ...

The order, reached March 31 and published publicly on Monday, arrives over eight years after the Federal Deposit Insurance Corporation sued ... Associated Press. The FDIC declined to comment ...

Bank of America has been ordered to pay $540.3 million to the Federal Deposit Insurance Corporation (FDIC), following a decision by a federal judge. The ruling stems from a legal dispute in ...

The Federal Deposit Insurance Corporation (FDIC), which protects insured bank deposits, may be facing changes. According to CNN, in late 2024, then-President-elect Donald Trump’s allies were ...

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 honor a ...