BofA Settlement `Better News' for Banks, Matts Says

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June 29 (Bloomberg) -- Mary Jane Matts, director of large-cap value strategies at Fifth Third Asset Management, talks about Bank of America Corp.'s agreement to pay $8.5 billion to resolve claims made by bondholders including BlackRock Inc. over soured mortgages. Matts speaks with Lisa Murphy on Bloomberg Television's "Fast Forward." (Source: Bloomberg)

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