Bank-of_america-diaalnews.com
Bank of America has reached a record settlement of nearly $17bn to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, officials directly familiar with the matter have said. One official, who spoke with AP on condition of anonymity because the announcement was not scheduled until Thursday at the earliest, said the bank will pay $9.65bn in cash and provide consumer relief valued ...

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