US asks Deutsche Bank to pay $14 billion to settle mortgages case
The U.S. Department of Justice is asking Deutsche Bank to pay $14 billion to settle an investigation into its selling of mortgage-backed securities, Germany`s flagship lender said on Friday.
Sep 16, 2016, 05:09 AM IST
Morgan Stanley to pay $2.6 billion to settle mortgage-bond claims
Morgan Stanley said it will pay $2.6 billion to the U.S. government to resolve potential claims stemming from the sale of mortgage bonds before the financial crisis, reducing its 2014 profit by more than half.
Feb 26, 2015, 09:27 AM IST
JPMorgan faces suit over $10 bn in mortgage bonds
JPMorgan Chase will face a US class-action lawsuit over the sale of $10 billion worth of allegedly falsely valued mortgage bonds before the financial crisis, a judge has ruled.
Oct 01, 2014, 20:16 PM IST
