Here's a look at this morning's banking and finance news:
- The big story today is banks' long-anticipated foreclosure settlement with state attorneys general, set to be announced this morning. The Wall Street Journal details four key players in the multibillion-dollar deal.
- Meanwhile, federal regulators plan to warn big banks - including Bank of America - that they intend to sue them over other mortgage-related actions, a sign that banks' mortgage woes aren't yet behind them, people familiar with the situation told the Journal.
- Wall Street firms are making bets on troubled securities, a signal that some are anticipating a rebound, the New York Times reports.
- Stock futures rose this morning as Greek politicians reached an austerity deal and U.S. jobless claims fell, Bloomberg reports.
- But it's too early to assume markets have shifted to a long-term bullish trading environment, CNBC says.