07.02.2012 - 20:32 [ Reuters ]

Analysis: Banks largely reserved for U.S. mortgage pact cost

The core banks involved in the talks are the largest mortgage servicers — Bank of America Corp, JPMorgan Chase & Co, Wells Fargo & Co, Citigroup Inc and Ally Financial Inc. The U.S. Justice Department has also started to reach out to smaller regional banks about their inclusion in the agreement.