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Compensation to settle charges US bank overstated quality of financial instruments it sold to mortgage companies.
US mortgage giant accuses banks of colluding to "hide" financial problems and "boost profits".
Justice department accuses bank of causing taxpayers more than $1bn in losses by selling toxic mortgage loans.
Giant bank already under court action is sued along with JPMorgan for losses on $4.5bn soured mortagage.
Lawsuits will seek $20bn in compensation for banks' failure over subprime home loans, according to reports.
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More than one-quarter of Gaza's population has been displaced, causing a humanitarian crisis.
Ministers and MPs caught on camera sleeping through important speeches have sparked criticism that they are not working.
Muslim charities claim discrimination after major UK banks began closing their accounts.
Italy struggles to deal with growing flood of migrants willing to risk their lives to reach the nearest European shores.
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