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FBN’s Lori Rothman with news that Bank of America is set to pay $2.4 billion to settle a suit in Merrill settlement, plus an afternoon market update...
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I'm mark Robbins at the Fox Business -- think America's -- Case settlement in the Merrill Lynch acquisition related class action lawsuit under the terms of the settlement -- banking giant will pay 2.4 billion dollars.
And institute certain corporate governance policies the results -- -- for the Spanish banks stress tests meanwhile.
It -- case economic scenario and the banks would be 76 billion US dollars in additional capital.
To maintain healthy levels -- crisis -- the -- also showed seven of the country's fourteen banks.
It would not need more money.
And the US Postal Service says it'll defaults -- -- five point six billion dollar payment Sunday.
It'll be the second time in as many months that the agencies failed to fund health care costs for future retirees hate -- payment.
That is -- it will not immediately impact the Postal Service operation so your -- out.
That's really isn't about this network giving you the.
