Bank of America believes it is compliant with the rules, according to a bank spokesman, who said the dispute is over a "technical disagreement."
(Reporting by Dan Freed in New York; Editing by Chizu Nomiyama)
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5-day change | 1st Jan Change | ||
41.89 USD | +0.72% | +3.13% | +24.41% |
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(Reuters) - The U.S. Federal Deposit Insurance Corporation sued Bank of America Corp over $542 million in deposit insurance which it says the second-largest U.S. bank "refuses to pay," according to a complaint filed Monday in a U.S. district court.
Bank of America believes it is compliant with the rules, according to a bank spokesman, who said the dispute is over a "technical disagreement."
(Reporting by Dan Freed in New York; Editing by Chizu Nomiyama)
1st Jan change | Capi. | |
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+24.41% | 328B | |
+23.49% | 598B | |
+15.45% | 280B | |
+17.29% | 196B | |
+18.71% | 183B | |
+16.44% | 179B | |
+4.45% | 157B | |
+13.07% | 157B | |
+18.40% | 150B | |
-4.91% | 148B |