⚡️🇺🇸🏦 NEW - Bank of America must pay…

⚡️🇺🇸🏦 NEW - Bank of America must pay over $540 million after a U.S. District Judge ruled it significantly underpaid deposit insurance fees from mid-2013 to late 2014. The FDIC sued in 2017, alleging BofA failed to properly report counterparty exposures, resulting in lower risk scores and reduced fees.