Goldman Sachs Group Inc. (GS), Morgan Stanley (MS), HSBC
Holdings Inc. (HBC) and Ally Financial Inc. may agree to a
foreclosure settlement with the U.S. as soon as this week,
Bloomberg News reported Tuesday, citing two people briefed on
settlement discussions.
Under the discussions, led by the Federal Reserve, the banks
would pay at least $1.5 billion, one person told Bloomberg.
According to the Bloomberg report, the settlement would be
similar to the $8.5 billion settlement with ten large banks
announced on Monday.
Full story at:
www.bloomberg.com/news/2013-01-08/goldman-sachs-said-to-be-part-of-fed-led-foreclosure-settlement.html
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