BANK OF AMERICA CORPORATION 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)
Bank of America : FDIC sues Bank of America over payment dispute
January 09, 2017 at 11:04 am EST
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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.
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