A federal judge ordered Bank of America to pay $540.3 million in a long-running Federal Deposit Insurance Corporation lawsuit ...

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

The company's board credited CEO Brian Moynihan with growing its net income 2.3% last year and boosting revenue 3.4%.

(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 ...

Bank of America has agreed to a settlement that will require the second-largest US bank to shell out about $2.85 million to ...

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 ...

In the order, signed March 31 and made public Monday, U.S. District Judge Loren L. AliKhan said “the law is not on [Bank of America’s] side,” and the lender is liable for unpaid assessments ...