Morning Scan: So, Basically, B of A Has Been Pulling a JPM in Recent...

Receiving Wide Coverage ...

B of A Nears CFPB Settlement: Anonymice tell their favorite news outlets that Bank of America is nearing an $800 million-plus settlement with the Consumer Financial Protection Bureau over allegations it force credit card customers to buy other products. The CFPB has levied fines against American Express, Capital One, Discover and JPMorgan Chase over similar allegations, but the B of A fine is expected to be the largest. As the Journal notes...