Is Bank of America's $72.5 Million Epstein Settlement a Win or a Warning

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Bank of America stock falls in the wake of a historic $1.2 billion fine after it failed to report financial crime

Bank of America was fined over $1.2B for violating anti-money-laundering and sanctions laws, sending its stock lower. The penalty follows failures to report financial crime.

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Stock News•3 weeks ago

Bank of America to pay $39 million to settle customer claims over low interest rates on cash

Bank of America's Merrill Lynch unit will pay $39 million to settle a class action alleging it paid near-zero interest on idle retirement-account cash instead of market rates.

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JPMorgan's Dimon questioned on whether he lobbied UK government on Epstein's advice, FT reports

JPMorgan CEO Jamie Dimon faces a letter from Senator Elizabeth Warren over whether he lobbied the UK on banker bonus taxes per Jeffrey Epstein's advice, per the FT.

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