Banks Higher on $26B Foreclosure Settlement

Bank stocks are slightly higher in pre-open trading amid a $26 billion settlement with state and federal governments related to foreclosure abuses.

Bank of America (NYSE: BAC), Citigroup (NYSE: C), JPMorgan Chase (NYSE: JPM), Wells Fargo (NYSE: WFC), and Ally were included in the settlement.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Adient amends credit deal, adds $500M in incremental term loans
• Sigma Lithium resumes full operations after signing TAC agreement
• Citi upgrades O-I Glass to Buy with $9 price target, opens 90-Day upside catalyst watch