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FDIC increases claim against Bank of America in payment dispute
May 2, 2017 / 8:38 PM / 5 months ago

FDIC increases claim against Bank of America in payment dispute

May 2 (Reuters) - A U.S. banking regulator has increased its claim against Bank of America Corp by $583 million in a dispute over deposit insurance and interest, the second-largest U.S. bank disclosed on Tuesday in its first-quarter financial filing.

The claim by the U.S. Federal Deposit Insurance Corp now totals more than $1.1 billion.

Reporting by Dan Freed in New York; Editing by Dan Grebler

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