Morning Scan: U.S. Sues Barclays Over Toxic Mortgages; Settles with ...

Editor's note: Morning Scan will publish next on Jan. 3, 2017. Happy holidays from all of us at American Banker and SourceMedia. Receiving Wide Coverage ...

Off to court: Having failed to reach a settlement following its long-running investigation into the British bank's alleged role in selling toxic mortgage-backed securities, the U.S. Justice Department is suing Barclays PLC. "It is highly unusual for the Justice Department to sue a bank, rather than reaching a settlement," the Wall...