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

Teri Williams, CEO of the Black-owned OneUnited Bank, is well aware of the challenges ... who was inspired by his experience of emigrating to America. In 2003, Abbey emigrated to the United ...

O ne of the hardest things about being a modern gamer is keeping up with all of the amazing games being produced today. New ...

Brown was an emblem of the possibilities that opened to black people in the second half ... Yet he did not open a bank account until the early ’60s, keeping his money in cardboard boxes and ...

A federal judge has ordered Bank of America to pay more than $540 million to resolve long-running litigation from a U.S. regulator that alleged the company underpaid mandatory assessments for deposit ...

NEW YORK (AP) — A federal judge has ordered Bank of America (BAC) to pay more than $540 million to resolve long-running litigation from a U.S. regulator that alleged the company underpaid ...

Bank of America (NYSE: BAC) recently reported financial results for the first quarter of 2025. The numbers exceeded Wall Street expectations, as revenue totaled $27.4 billion (up 6.2% year over ...

Market volatility supported strong equities trading revenue, helping Bank of America beat Wall Street Q1 estimates. Thanks to its competitive advantages and critical position in the economy ...

Bank of America must pay over half a billion dollars to the Federal Deposit Insurance Corp. for underpaying deposit insurance to the agency, a federal judge has ordered in an eight-year-old case.