Fines : Bank of America sign for $ 16.5 billion


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The agreement, which could be announced as early as Thursday, stipulates that the bank pays nine billion dollars in cash to various American authorities, with the balance going to mechanisms to support homeowners who are struggling to repay their loans, the source said familiar with the matter.

An agreement in principle had been reached earlier in the month after a phone call between Brian Moynihan, CEO of Bank of America, and the "Attorney General" (Minister of Justice) Eric Holder.

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