Your deposits are protected only up to the $250,000 insurance limit, and only to the extent that the FDIC has the money to cover deposit claims or can come up with it. The question then is, how secure is the FDIC?

* Bank accused of hiding Merrill losses, bonuses * Settlement among largest tied to financial crisis By Bernard Vaughan ...

Daniel Herrmann, whose right hand, arm and leg were disabled in a car accident, had a good thing going at Merrill Lynch. The company gave him a left-h...

The time has come for an intelligent, independently-governed, public infrastructure bank, ideally partnering with real banks that see their public purpose as a profession, focused on productive lending in the real economy.

WikiLeaks founder Julian Assange is promising to unleash a cache of secret documents from the hard drive of a U.S. megabank executive. In 2009, he told Computer World that the bank was Bank of America (BofA).

BofA Merrill Lynch analyst Steve Fleishman titled his latest research report "Dick's Added; BJ's Removed From US1," and we agree The Business Insider'...

The economic crisis has brought out the populist in many politicians and others. Among the more unlikely ones may be a silver-bearded federal judge wh...

NEW YORK (BY LARRY NEUMEISTER, AP) -- A Federal judge said Monday he would reluctantly approve an amended $150 million settlement between the Securiti...

Bank of America says it is opposed to a judge's proposal to appoint an outside compensation consultant as part of a settlement with the Securities and...

New York Attorney General Andrew Cuomo filed fraud charges against Bank of America and its former top executives this morning, alleging the bank manip...

The administration had tasked Kenneth Feinberg, the Treasury Department's special master on compensation, to evaluate the pay packages of 25 of the mo...

When corporate perpetrators don't have to admit they did anything wrong, it's as if the crime never happened. Which, of course, makes it much more likely that it will happen again.

NEW YORK — Federal regulators sued Bank of America Corp. on Tuesday, accusing the company of failing to disclose "staggering financial losses" a...

NEW YORK -- Congressional investigators think that reams of internal documents turned over by Bank of America last Friday show that its executives wer...

Ken Lewis likes to spring news on the market, which is why his resignation from Bank of America shouldn't have been all that surprising. But it was and here's why.

Why has it been left to one stellar judge to sound the alarm on Bank of America and Merrill Lynch, and why is Congress and the Obama administration looking the other way?

WASHINGTON (AP) -- Bank of America has agreed to pay a $33 million penalty to settle government charges that it misled investors about Merrill Lynch's...

The fallout of Paulson's two disastrous decisions (to let Lehman fail and reverse his position on foreclosure relief) prompted the former Treasury Secretary to abuse his powers, with some not-so-veiled threats.

Federal Reserve Chairman Ben Bernanke is testifying before Congress today where he will be grilled on Bank of America's acquisition of Merrill Lynch. ...

WASHINGTON, June 24 (Reuters) - The Federal Reserve sought to hide its extensive involvement and concerns about Bank of America Corp's (BAC.N) acquis...

SCROLL DOWN FOR THE COURT FILING New York Attorney General Andrew Cuomo, in a court filing, accused Merrill Lynch of "misleading" Congress about the ...