NEW YORK (Reuters) - Bank of America Corp is close to a deal to pay $8.5 billion to settle claims from investors that lost money on mortgage-backed securities, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
Bofa Near $8.5 Billion Settlement On Securities: Report
Reuters: Top News, Reuters
Tue, 06/28/2011 - 3:12pm
RELATED ARTICLES
- US home building is surging, but job growth isn't
The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More - Abused disabled Iowa plant workers awarded $240M
A Texas company has been ordered to pay 32 mentally disabled workers $240 million in damages for what government lawyers described as years of around-the-clock abuse. More - New home sales rise, housing recovery still on track
Sales of new single-family homes rose in March, indicating the housing market recovery remains on track. More - Existing home sales edge down, prices rise
Home resales edged downward in March, a pause in the housing market recovery that has helped boost the economy. More - News Corp settles phone hacking case
News Corp reaches a $139m (£91m) settlement with shareholders over complaints filed in relation to the UK phone hacking scandal. More
BING NEWS:
- Penn to receive $467M under settlement with BioNTech over Covid-19 vaccine royalties
Penn has reached an agreement to resolve a dispute over Covid-19 royalties the Philadelphia university alleged it was owed.
12/30/2024 - 3:49 am | View Link - Bank of America Settles With U.S. Regulator Over Compliance Issues
The Office of the Comptroller of the Currency didn’t impose a fine in the settlement over sanctions compliance, suspicious activity monitoring and other alleged issues.
12/23/2024 - 7:10 pm | View Link - Elon Musk shares letter saying SEC sent him 'settlement demand'
Elon Musk appears to have revealed that the Securities and Exchange Commission issued him a "settlement demand" related to his $44 billion purchase of Twitter.
12/13/2024 - 7:03 am | View Link - Musk has until Monday to respond to SEC Twitter settlement, source says
NEW YORK, Dec 13 (Reuters) - The U.S. Securities and Exchange Commission has given Elon Musk until Monday to respond to an offer to resolve a probe into the billionaire's $44-billion takeover ... the ...
12/12/2024 - 11:00 am | View Link - Barclays Reaches $19.5 Million Settlement Over Debt Sale Blunder
NEW YORK (Reuters) -Barclays agreed to pay $19.5 million to settle a lawsuit in Manhattan by shareholders who accused the British bank of securities fraud after it sold $17.7 billion more debt than ...
12/3/2024 - 1:58 pm | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more