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.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.