NEW YORK, NY - APRIL 16: People walk past a Bank of America branch on April 16, 2014 in New York City. As the nation's second-largest bank continues to struggle with fallout from the financial crisis, Bank of America reported a $276 million first-quarter loss Wednesday. (Photo by Spencer Platt/Getty Images)
Spencer Platt—Getty Images
By TIME Video
June 20, 2014

Bank of America is apparently done talking to Justice Department attorneys and wants to go straight to the top dog. CEO Brian Moynihan has asked to meet with Attorney General Eric Holder to discuss a deal on mortgage fraud litigation, Reuters reports.

This type of request is unusual as meetings are usually brokered between law enforcement officials and company lawyers. It looks as if Bank of America is following in the footsteps of JPMorgan Chase, which settled a big case for $13 billion shortly after meeting with Holder.

 

You May Like

EDIT POST