Bank of America reported interest, trading gains and deposits well above pre-Covid levels, still with lower losses on its $1 trln of loans. Peers talk of normalization, but conditions are still far from normal: johnsfoley
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Bank Of America To Pay $250 Million For Illegal Fees, Fake AccountsBank of America has been ordered by the Consumer Financial Protection Bureau to pay more than $250 million in fines and customer refunds for double-charging fees, withholding reward bonuses, and opening accounts without customers’ knowledge or permission. What do you think?
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