Bank of America to pay $250 million in fine for double-charged customer fees, withheld perks and more

On Tuesday, Bank of America (BAC), the second largest bank in the nation agreed to pay a hefty fine of $250 million after it faced claims of double-charged customer fees, withholding of credit card perks and more were levied by the Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency … Continue reading Bank of America to pay $250 million in fine for double-charged customer fees, withheld perks and more