Morning Scan: B of A's Mortgage Settlement; BNP's Global I...

Receiving Wide Coverage ... Put It on the Tab: Bank of America is in talks to pay $12 billion to settle Department of Justice and various state probes over legacy mortgage stuff, the papers report, citing the usual anonymice. Of that, $5 billion would be "soft money" in the form of consumer relief such as mortgage writedowns. Combined with a previous $6 billion settlement with FHFA, this deal would bring B of A's total tab forÂ...