o During a hearing in Franfurt, Presiding Judge Daniel Koehle said JP Morgan Chase & Co. (NYSE:JPM) and the German city of Pforzheim should settle their dispute over losses of 56 million Euros on an interest rate swap.
o Bank of America Chairman (NYSE:BAC) Chad Holliday expressed his continued support for CEO Brian Moynihan at a conference in the light of the bank’s declining stock price.
o Citigroup (NYSE:C) is scheduled to declare its fourth quarter and full year results for 2011 before the opening bell on Tuesday, January 17th.
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