Banks Higher on $26B Foreclosure Settlement

February 9, 2012 9:11 AM EST
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.


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JPMorgan, Citi, Wells Fargo