Bank of America to pay more than $100M for doubling fees, opening accounts without customer consent

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Bank of America to pay $250 million for doubling fees, opening accounts without customer OK, federal agency says.

The bank had $2.4 trillion in consolidated assets and $1.9 trillion in domestic deposits as of March 31, making it the second- largest bank in the U.S.

Source: News Formal (newsformal.com)

 

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