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Home > Business > Bank of America to pay $39 million to settle customer claims over low interest rates on cash

Bank of America to pay $39 million to settle customer claims over low interest rates on cash

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Last Updated: October 1, 2026 04:19:18 IST

By Jonathan Stempel NEW YORK, Sept 30 (Reuters) – Bank of America's Merrill Lynch unit will pay $39 million to settle a class action claiming it paid brokerage customers near-zero interest rates

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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