Bank of America close to $17 billion settlement

Note: This section contains information in English only.
Source: Bloomberg
Bank of America is negotiating a settlement with the US Department of Justice around the 16, 17 billion US dollar mark. The record agreement to stop probes into mortgage-backed bonds could send as much as $9 billion in cash and the remainder in consumer relief. If this settlement is successful then it will become the largest in history surpassing the recent JPMorgan's $13 billion deal.

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