International Finance

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Banking

Bank of America’s 8.5 Billion Settlement Heads for Court Showdown

American International Group Inc. and others have objected to this settlement, saying the settlement made to them is a fraction of the money they lost.  June 07, 2013: Court proceedings have begun on an 8.5 billion settlement between Bank of America and investors in mortgage securities that turned bad during the financial crisis in 2008. Bank...