Banking

June 6, 2014 5:41 PM

Bank of America in $12 billion settlement talks

Bank of America is negotiating to pay at least $12 billion to settle several federal and state civil probes for its role in the housing mess that led to the 2008 financial crisis, a person familiar with the talks said.

Related content

Comments

Videos

More Videos

BofA customer reacts to closure of teller lanes 00:45

BofA customer reacts to closure of teller lanes

New chip cards: Is your business ready? 01:08

New chip cards: Is your business ready?

BofA Shareholder's Breakup Proposal Fails 01:08

BofA Shareholder's Breakup Proposal Fails

NYT: Why it's hard to keep the pounds off 03:01

NYT: Why it's hard to keep the pounds off

WBTV First Alert Weather forecast for 05.02.16 03:19

WBTV First Alert Weather forecast for 05.02.16

Lightning over Charlotte 00:44

Lightning over Charlotte

Storm rolls into uptown Charlotte 00:28

Storm rolls into uptown Charlotte

Health officials encourage long acting contraceptives 01:50

Health officials encourage long acting contraceptives

KinderMourn’s Hope Floats Duck Race 01:04

KinderMourn’s Hope Floats Duck Race

Open Streets 704 00:49

Open Streets 704

Steve Clifford on Game 7 01:00

Steve Clifford on Game 7

Hornet Marvin Williams talks Game 7 loss 01:47

Hornet Marvin Williams talks Game 7 loss

Share Video

Editor's Choice Videos