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BofA in DOJ settlement talks for $10B+: Sources

BofA in DOJ settlement talks for $10B+: Sources

Just months after JPMorgan Chase paid $13 billion to settle charges that it misled investors about the quality of certain securities tied to home loans, rival Bank of America is discussing a similar deal with the Department of Justice that could cost it $10 billion or more, according to two people familiar with the matter.

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