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KM Financial Solutions | REFILE-U.S. fines former Deutsche Bank subprime chief over alleged mortgage fraud
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REFILE-U.S. fines former Deutsche Bank subprime chief over alleged mortgage fraud

20 Nov REFILE-U.S. fines former Deutsche Bank subprime chief over alleged mortgage fraud

Posted at 20:14h in News by
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A former head of subprime
trading at Deutsche Bank AG will pay a $500,000 fine
to resolve civil claims he misled investors about the quality of
loans backing $1.42 billion of residential mortgage-backed
securities (RMBS) issued before the 2008 financial crisis.

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