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 ...

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 ...

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 ...

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 ...

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 ...

to pay $540.3M to the Federal Deposit Insurance Corporation (FDIC) following a long-running lawsuit. The case centered on allegations that Bank of America (NYSE:BAC) underpaid its required deposit ...

The Federal Deposit Insurance Corporation (“FDIC”), Board of Governors of the Federal Reserve System (“Federal Reserve”) and the Office of the Comptroller of the Currency (“OCC ...