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 ...

The agency is best known for running the nation’s deposit insurance program, which insures Americans’ deposits up to $250,000 in case their bank fails. Bank of America, headquartered in ...

Military men and women who are transitioning into civilian life face seven financial 'must dos' when they leave active duty.

The FDIC sued Charlotte, North Carolina-based Bank of America for $1.12 billion in 2017, accusing it of reducing its deposit insurance contributions by failing to honor a 2011 rule that changed ...

Charlotte-based Bank of America has about 40 million digital clients, including more than 30 million active mobile users. Bank of America Corp. (NYSE: BAC) wants customer engagement beyond ...