Close
Log in
Please enter your login details

Skip to main content

Breaking News
  • WHO reports at least 70 dead from Haemorrhagic illness outbreak in Congo’s Equateur Province – REUTERS
  • Turkish president-elect Recep Tayyip Erdogan says Foreign Minister Ahmet Davutoglu nominated as next leader of AK Party and Prime Minister

Banking

World news about “Banking” published by euronews.

21/08 18:34 CET

Bank of America settles sub-prime mortgage probes by paying $16.65 billion

Bank of America settles sub-prime mortgage probes by paying $16.65 billion

Bank of America is to pay $16.65 billion (12.53 billion euros) as a settlement of charges that it misled investors into buying dodgy mortgage-backed securities. It is the largest fine ever levied by US authorities on a single company and $7 billion (5.27 billion euros) will go…