Goldman Sachs (GS), Morgan Stanley (MS), HSBC (HBC) and Ally Financial could reportedly reach a...

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

Goldman Sachs (GS), Morgan Stanley (MS), HSBC (HBC) and Ally Financial could reportedly reach a $1.5B deal with regulators this week to settle allegations of foreclosure abuse, and end a costly and ineffective review of individual repossessions. The agreement would be similar to the $8.5B+ deal that ten other banks reached earlier this week.