Morning Scan: B of A Nears $16B-$17B Deal; Banks' Living Wills ...

Receiving Wide Coverage ... BofA's Very Big Deal: Bank of America has reached a tentative agreement with the Justice Department to pay between $16 billion and $17 billion to settle charges related to the sale of shoddy mortgage-backed securities, according to multiple news reports. The expected deal is a bit of an about-face for BofA, which just a few weeks ago was drawing the line at a $13 billion fine and protesting that it was beingÂ...