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A pedestrian walks past a Bank of America ATM in Charlotte, North Carolina July 17, 2009.
A pedestrian walks past a Bank of America ATM in Charlotte, North Carolina July 17, 2009.
(CHRIS KEANE/REUTERS/Chris Keane)

BofA settlements now total over $25-billion

Bank of America is paying dearly for all the mistakes it made leading up to, and during, the financial crisis.

On Friday the bank announced yet another settlement, this time agreeing to pay $2.43-billion (U.S.) to settle a lawsuit from shareholders over its acquisition of Merrill Lynch.

That figure alone is big. But add up everything BofA’s agreed to pay in the past few years, and you quickly hit $25-billion.