A top U.S. bank regulator told staff on Monday that it plans to cut its workforce by roughly 20% as part of the Trump ...

Every time the stock market collapses -- as it has lately in the wake of President Donald Trump's tariff plans -- investors ...

The investigation into Mackey began in January when federal investigators received a tip from Ohio's Internet Crimes Against ...

The deal has been closely watched and seen as a litmus test for how quickly the Trump administration will approve mergers in ...

Back in 2017, the FDIC accused Bank of America of refusing to pay over $500 million in assessments — a figure it later ...

Bank of America (BAC), the second-largest U.S. bank, has been ordered to pay $540.3 million to the Federal Deposit Insurance ...

Banking's greatest lesson isn't about technology or regulations—it’s about what happens when an industry is forced to ...

U.S. banking regulators said on Friday they approved Capital One's $35.3 billion purchase of Discover Financial Services , ...

Bank of America claimed its company's intent was not to avoid any payments to the Federal Deposit Insurance Corporation.

With the average savings account paying 0.41%, according to the Federal Deposit Insurance Corporation (FDIC), it might feel a little bleak for savers. However, high-yield savings accounts still offer ...

A US court directed Bank of America to pay $540.3 million to the Federal Deposit Insurance Corporation. This order was ...

After a nearly decade-long lawsuit, the U.S.’s second-largest bank has been ordered to pay the Federal Deposit Insurance ...