Bank of America Corp. is expected to pay nearly $17 billion to settle U.S. Department of Justice accusations it packaged shoddy mortgages into securities and sold them to investors in the run-up to the financial crisis, according to a person familiar with the negotiations...
Bank of America to Pay $17 Billion in Justice Department Settlement
Deal with Justice Department could be announced as early as Thursday.
The Wall Street Journal - Publication
(148K)