- Following major-league mortgage-related settlements with JPMorgan, Citigroup, and Bank of America, the DOJ has turned its attention to Goldman Sachs (GS +2.2%) and Morgan Stanley (MS +3.2%), and both are in early discussions, reports the FT. Evidence is still being gathered, say the FT's sources, and negotiations over a deal are still a ways off.
- Neither Morgan nor Goldman were as big of players in mortgages as the other banks, so the terms and numbers are likely to be somewhat eased from the headline-grabbing ones of JPMorgan, Citi, and BofA.
- Previously: Goldman settles with FHFA, will buy back RMBS for $3.15B
From other sites
at CNBC.com (Mon, 5:00PM)
at CNBC.com (Fri, 3:37PM)
at CNBC.com (Thu, 2:07PM)
at CNBC.com (Thu, 11:33AM)
at CNBC.com (Tue, 10:57AM)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs