UPDATE 1-RBS to pay $125 million to settle California mortgage bond claims
22 Dec UPDATE 1-RBS to pay $125 million to settle California mortgage bond claims
Posted at 15:17h
in
News
by KMFSLLP
Dec 23 (Reuters) – Royal Bank of Scotland Group Plc
will pay $125 million to resolve claims that it made
misrepresentations while selling mortgage-backed securities to
two large California pension funds, the state’s attorney general
has announced.
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