Bank of America claimed its company's intent was not to avoid any payments to the Federal Deposit Insurance Corporation. Bank of America faces a $540 million bill after a federal judge ordered the ...

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 ...

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 ...

(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 has been ordered to hand over more than half a billion dollars to the Federal Deposit Insurance Corporation (FDIC), after a years-long legal battle over the bank’s payment of ...

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 ...

(Reuters) - U.S. Treasury Secretary Scott Bessent is hosting private meetings with federal and other bank agencies ... Reserve and the Federal Deposit Insurance Corporation (FDIC) declined to ...

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 ...