Bank of America Corp
The investor group, which includes Freddie Mac, PIMCO, BlackRock Inc
The settlement talks are a reversal for Bank of America. Chief Executive Brian Moynihan had promised to fight such requests and engage in hand-to-hand combat with investors, the Journal reported.
In a statement on Wednesday afternoon, the bank said it agreed to an undefined extension of the Thursday deadline to continue constructive dialogue around the concerns raised.
(Reporting by Joe Rauch. Editing by Robert MacMillan)