While at your place of business, you receive an email from a trusted source with an established vendor, notifying you that the vendor’s bank account information has changed. Do you note the change in ...

Wrongful dishonor occurs when a bank doesn't honor a valid check or draft. Understand this banking term with clear ...

A jury found Bank of America liable on Wednesday for selling defective mortgages and found a manager at the bank's Countrywide Financial unit specifically to blame for many of the practices.

A Missouri escrow firm that lost $440,000 in a 2010 cyberheist cannot hold its bank responsible, an appeals court ruled this week. The Court of Appeals for the Eighth Circuit’s decision this month ...

NEW YORK (Reuters) - Bank of America Corp was found liable for fraud on Wednesday over defective mortgages sold by its Countrywide unit, a major win for the U.S. government in one of the few trials ...