This is not Bank of America’s first brush with federal regulators over its treatment of customers. The CFPB ordered the company to pay $727 million in 2014 over illegal credit card practices.

Bank of America is a case study in how to ... its shareholders will keep the pressure on until it comes clean about its de-banking practices and makes policy changes that decrease de-banking risks ...

Bank of America BAC.N has scrapped some of its diversity initiatives as it navigates a new business climate under U.S. President Donald Trump. The second largest U.S. lender dropped references to ...

Last year, Bank of America (BAC) suffered harsh criticism after its employee, Leo Lukenas III, who was 35 years old, died of a blood clot in his heart after working 100-hour workweeks at the ...

CFPB cuts short monitoring of BofA mortgage practices The bank paid a $12M civil penalty for allegedly not submitting HMDA data and then making false claims June 24, 2025, 1:02pm by James Kleimann ...

Bank of America is reportedly tightening scrutiny of junior bankers’ work hours. REUTERS. The shift in oversight comes on the heels of the bank’s decision to eliminate approximately 150 junior ...

This year, the Charlotte, North Carolina-based lender has added capabilities related to fraud claims and card arrivals, in ...