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 ...

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 ...

The Federal Deposit Insurance Corporation is doing what it was designed to do when banks like Silicon Valley and Signature go under: cover insured deposits. Here’s how the FDIC works and why it ...

See how we rate banking products to write unbiased product reviews. The Federal Deposit Insurance Corporation is a government agency that protects consumers' money and regulates financial ...

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 ...

April 14 (Reuters) - A federal judge ordered Bank of America (BAC.N), opens new tab to pay $540.3 million in a long-running Federal Deposit Insurance Corporation lawsuit accusing the second ...

Related: Best Nationwide Credit Unions Unlike traditional banks, which must be covered by the Federal Deposit Insurance ...

A US court directed Bank of America to pay $540.3 million to the Federal Deposit Insurance Corporation. This order was regarding underpaid deposit insurance assessments. The dispute was about ...