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Reuters

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Business & Economics

Judge orders Bank of America to pay $540 million in FDIC lawsuit

Reuters
Summary
Nutrition label

81% Informative

Federal Deposit Insurance Corporation sued Bank of America for $1.12 billion in 2017 .

The payment covers assessments from the second quarter of 2013 through the end of 2014 , plus interest.

The second -largest U.S. bank is expected to report first-quarter results on Tuesday .

VR Score

92

Informative language

98

Neutral language

74

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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