- Bank of America (BAC -1.9%) yesterday offered $13B to the Justice Department to settle mortgage claims, reports the WSJ, but the government continues to hold out for billions more.
- The Journal last month reported the bank was in talks for at least $12B.
- Earlier today: BofA Q2 earnings coverage
- Bank of America in Q2 set aside 4B in litigation expenses, up from $471M reserved for one year ago.
at Nasdaq.com (Mon, 12:28PM)