WASHINGTON (AP) — Officials familiar with the deal say Bank of America has reached a record $17 billion settlement with federal and state authorities over its role in the sale of mortgage-backed securities in the run-up to the 2008 financial crisis.
By Fredrik Dahl VIENNA (Reuters) - Iran has started taking action to comply with the terms of an extended agreement with six world powers over its disputed atomic activities, a U.N. nuclear watchdog report obtained by Reuters on Wednesday showed. The findings in a monthly update by the International Atomic Energy Agency - though no major surprise - may be seen as positive by the West ahead of the expected resumption next month of negotiations on ending the decade-old nuclear dispute. The IAEA document made clear that Iran is continuing to meet its commitments under the interim accord that it reached with the United States, France, Germany, Britain, China and Russia late last year and that took effect in January. The IAEA is tasked with checking that Iran is living up to its part of the agreement, which was designed to buy time for talks on a comprehensive settlement of the standoff that would dispel fears of a new Middle East war.