Regulators at the FHFA are seeking a penalty of more than $6bn from BofA, compared with the $4bn to be paid by JPMorgan, according to people familiar with the matter
Much of Wall Street and many of its lawyers believe the government has pulled off a shakedown, using the implicit threat of criminal prosecution to rake in billions of dollars
This week will see the US catch up with a swath of data releases, while third-quarter gross domestic product figures will put the UK in focus on Friday
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