Bank Of America In Talks To Settle Probe Into Merrill Lynch MBS SalesVW Staff
Bank of America Corp (NYSE:BAC) is apparently in talks to end a Department of Justice inquiry into its mortgage backed securities business. The company, which announced its earnings for the first quarter of 2014 this morning, is apparently considering a multi-billion dollar settlement with the US government in order to end the investigation.
According to the report, which initially appeared on Reuters this afternoon, the company has . . .
This content is exclusively for paying members. Sign up here
If you are subscribed and having an account error please clear cache and cookies if that does not work email firstname.lastname@example.org or click chat