Bank of America has agreed to pay $75 million to end claims that it improperly charged overdraft and other fees to customers whose accounts were empty, the customers told a federal judge in North Carolina this week.

REUTERS - Reuters

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Published on May. 14th, 2021 Published on May. 14th, 2021

Scenario: Conduct / Client Overcharging

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Sept. 20th, 2021

ORX Forum

ELSEWARE/MSTAR will be speaking on climate stress on operational risk at the ORX forum on September 23. In particular, we will be presenting the work we have done on this topic with the American Bankers Association and a group of banks.